LME proposes further changes to nickel, tin load out rates
Apr 26, 2012 | 04:14 AM
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The board of the London Metal Exchange has accepted in principle recommendations made in relation to changes to load-out rates for tin and nickel in response to concerns over queues for metal, the bourse said on Wednesday April 25.
Final approval and implementation of the amended policy will be subject to consultation with warehouse companies under LME procedures.
Changes already implemented include a minimum load out rate for all base metals, and the LME is now proposing that warehouses should be required....
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