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Setting a new benchmark for cobalt & molybdenum

LME's cobalt and molybdenum contracts now provide industry participants with a new benchmark for pricing physical material.

Participants in the market are already taking advantage of the benefits they provide to the whole supply chain.

Daily prices

LME official prices are established daily and are based on transactions on the Exchange. This gives the cobalt and molybdenum industries the ability to see changes in supply and demand as they occur.

The inclusion of transactions from all types of companies that trade the LME contracts means prices discovered on the Exchange are a good reflection of the entire industry.

Transparent and regulated

Through price and volume transparency, audit trails and the range of market data available the Exchange provides a legally safe forum for trading minor metals.

Strict rules and regulations govern the behaviour of market participants and the operation of the exchange. The LME is a Recognised Investment Exchange (RIE) providing robust protection to participants.

Minor metals prices and reports

Cobalt

Molybdenum

Related Information

Hedging
Futures contracts provide an opportunity to mitigate exposure to price swings and manage price risk by hedging forward on the LME.

Delivery
Every cobalt and molybdenum contract traded on the LME has the option of settling through the delivery of physical material.

 
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