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London Metal Exchange Copper ore prices

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12y ago

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How do you convert the copper price in Comex to the LME?

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


How do you calculate the price of copper ore from set LME price?

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


Gold price LME?

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)


How do you convert the copper prices in COMEX to the LME?

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.


What is the difference between lme and non-lme registered copper?

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.


What ore is copper found in?

a copper ore


Name one copper ore?

The mineral malachite is an ore of copper.


What is used to separate copper from its ore?

A refinery separates copper from its ore.


Is copper ore oxidized?

Most copper ore occurs as copper in combination with oxygen, yes.


The real name for copper ore?

The most common ore of copper is Copper pyrite CuFeS2 but other ores are also exist.


What ore is copper?

Copper is typically extracted from the ore chalcopyrite, which is a copper iron sulfide mineral. Other ores that contain copper include bornite, chalcocite, and covellite.


Where do you extract copper?

Copper Ore.