Proposed new tin, nickel load-out rates "too small" - market participants
May 02, 2012 | 08:53 AM
Recommendations for the requirement at least 60 tonnes of nickel and/or tin to be delivered out of London Metal Exchange warehouses daily do not go far enough, tin market participants told Metal Bulletin.
The LME has accepted the recommendations in principle, in response to concerns over queues for metal, but traders have said the proposed new rates will not go all the way to solving the problem.
“I think that the LME’s....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.