the comex prices are in pounds and the lme prices are in tonne so u divide the lme price by 2240 to get the comex price
To convert copper prices from COMEX to LME, you can monitor the daily price differentials between the two exchanges. Due to variations in demand, supply, and other market factors, prices may differ. Use this differential to adjust the prices as needed for comparison and analysis.
LME is the the London Metal Exchange. This is like the stock market where at the end of day there is a set price on various metals (copper, aluminum, gold)
LME (London Metal Exchange) registered copper refers to copper that meets the exchange's quality standards and is stored in LME-approved warehouses for trading. Non-LME registered copper may still meet industry standards but is not stored in LME-approved warehouses. The main difference lies in the storage location and the ability to trade on the LME platform.
As of June 2011 here are some general scrap copper prices: #1 Copper $3.15/lb #2 Copper $3.00/lb #1 Insulated Copper $1.90/lb #2 Insulated Copper $0.90/lb copper prices do fluctuate on a daily basis with the COMEX, LME and economic supply/demand so check prices often to ensure you are getting properly paid at the scrap yard.
The LME (London Metal Exchange) price of copper ore is the current market price of copper ore per metric ton traded on the London Metal Exchange, which operates as a global commodity exchange for trading industrial metals. The price of copper ore can fluctuate based on supply and demand dynamics, global economic conditions, and geopolitical factors.
Price /Quality: LME based as in the contract. LME CASH x % Cu x FACTOR% ( Paying Rate) x (1-H2O) = Price USD/DMT CFR ..... +28,00% : LME(Cash buyer) X Cu% ....% Factor X (1-moisture)/ DMT 25-27,99% : LME(Cash buyer) X Cu% ...% Factor X (1-moisture)/ DMT 23-24,99% : LME(Cash buyer) X Cu% .....% Factor X (1-moisture)/ DMT
Scrap copper prices vary according to the grade of scrap copper (bare brite, #1, #2, etc.) as well as per supply and demand and the comex and spot market prices. Depending on quantity of material and your location in the world you can expect to get anywhere between 3 - $3.75 per pound of scrap copper. stripper clean scrap copper will get you the highest recycling prices.
divide by 2204.62262 (ie current LME Apr Cu $/t is 7760.3 and $/lb is 3.5200)
To convert LME (Liquid Malt Extract) to DME (Dry Malt Extract) for your brewing recipe, you can use a simple formula: 1 pound of LME is roughly equivalent to 0.8 pounds of DME. So, if your recipe calls for a certain amount of LME, you can multiply that amount by 0.8 to determine how much DME to use instead. This conversion helps maintain the balance of sugars and flavors in your brew.
For April 4 2012 here are some general scrap copper prices that will vary across regions #1 Bare Bright Wire $3.40 /lb. #1 Copper Tubing/Flashing $3.15 /lb. #2 Copper Tubing/Wire (Tin Coat) $2.90 /lb. #3 Roofing Copper $2.75 /lb. Brass $1.80 /lb. Ins. Copper Wire (Cat 5/6) $1.10 /lb. prices for scrap copper above are in USD per pound. Copper prices fluctuate on a daily basis. Check internet resources/websites for additional and daily prices. The price of scrap copper varies based on the comex and LME prices as well as general supply and demand. Note: scrap copper may be priced differently in different countries such as Shanghai China. Scrap copper prices also vary based on grade. Clean buss bar and stripped copper cable has more value then copper wire insulated
Copper scrap metal prices vary on a daily basis and also depends on the type of copper scrap (wire, prepared, etc.). As of May 28, 2009: #1 Heavy Scrap Copper is around $1.70 - $1.80 a pound , #1 Bare Copper Wire is upwards of $1.90 per pound, large electric motors are 20 - 40 cents per lb. As of December 3, 2010: the price of copper has been going from $2.90 a LB. to $3.00 a LB. As of June 29 2011 - copper hit a price of $4.21 per pound. Scrap dealers may pay $3.90+ for scrap copper based on that spot market price above. There are many sites online that publish current copper scrap prices and it is suggested you check these often in order to make sure you are getting proper price at the recycling yard.
Aluminum is not traded on the stock market. Aluminum futures contracts are traded on the commodities market--specifically, the London Metals Exchange (LME) and the COMEX, which is a division of the New York Mercantile Exchange.As of 29 Jul 2011, the spot price for aluminum was $2,582 per metric ton, with three-month futures slightly higher.