Methodology for Metal Bulletin’s global lead premiums
May 15, 2012 | 07:00 AM
Metal Bulletin prices global lead premiums on a daily basis. Please find the methodology below.
Material and market specification
Primary lead of 99.97% purity (minimum) to meet London Metal Exchange specifications: BS EN 12659:1999
Free market price denominated in US dollars
In-warehouse price, duty unpaid*
Minimum one-lot (25-tonne) transactions
Spot business only, immediate shipment
Price reporting – daily at 14:00 London time
Each premium is location specific
The price collection methodology is based on the tried and proven assessment method that Metal Bulletin uses across the majority of its extensive price series in the global metals and mining industries.
Metal Bulletin uses its extensive network of contacts and legal agreements to collect transaction information. The full details of the transaction are requested,....
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