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Trading Cobalt and Molybdenum in LME Finishes
= New cash futures trading starts and trading structures of some commodities are changed =
LME finished trading cobalt and molybdenum by itself on March 8 as LME will start a new cash futures trading this year. From now onward, the cobalt trading price in the Fastmarkets MB will be posted, but molybdenum will be traded in the Platts, and this price won't be posted in LME.

From March 11 onward, LME will start trading steel hot rolled coil USA and steel hot rolled coil FOB China as well as alumina and aluminium premium, and change the trading method for cobalt and molybdenum.

These will adopt the trading prices in other than LME as LME prices, but the prices of some commodities do not seem to be posted in LME home page.
last modified : Mon 18 Mar, 2019 [13:46]
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