LME Molybdenum

US$/tonne for 21 August 2017

LME OFFICIAL PRICES, US$ PER TONNE

Contract Bid (US$ / Tonne) Offer (US$ / Tonne)
Cash 15500.00 16000.00
3-months 15500.00 16000.00
15-months 15725.00 16725.00

LME Official Prices Curve

LME OFFICIAL OPENING STOCKS IN TONNES

Stocks Amount
Opening Stock 0
Live Warrants 0
Cancelled Warrants 0

SETTLEMENT EXCHANGE RATES

Currency Exchange rate
GB Pounds Sterling 1.2879
Japanese Yen 109.05
Euro 1.1765

HISTORICAL PRICE GRAPH

LME Molybdenum contract specifications

Molybdenum physical specification

LME Molybdenum futures

Contract code MO
Underlying metal
Molybdenum of 57 to 63% purity contained in roasted molybdenum concentrate
Lot size 6 tonnes
Prompt dates • Daily: out to 3 months 
• Weekly: 3 out to 6 months 
• Monthly: 7 out to 15 months

 

Price quotation  US dollars per tonne 
Clearable currencies
US dollar, Japanese yen, sterling, euro
Minimum price fluctuation (tick size) per tonne
  Outright Carries 
Ring  $0.50
$0.01
LMEselect 
$5.00
$0.01
Inter-office
$0.01
$0.01
Last trading day
Up until the close of the first Ring the day before the prompt date
Settlement type
Physical
Trading venues 
Ring, LMEselect, inter-office telephone

 

All contracts subject to LME rules and regulations and LME Clear SPAN margining.

Law / Regulation
English Law, with regulation by the LME and the Financial Conduct Authority (FCA). This is a summary of the contract specifications. For full contract specification details, please refer to the LME Rulebook which details the complete rules and regulations of LME contracts.

LME contracts may only be offered or sold to United States foreign futures and options customers by firms registered with the Commodity Futures Trading Commission (CFTC), or firms who are permitted to solicit and accept money from foreign futures and options customers from trading on the LME pursuant to CFTC Rule 30.10.

Arbitration
In the case of unresolved disputes, arbitration is effected via the LME arbitration procedure, and/or by other body agreed by the parties. 

Reports 

A large range of price and trading information is available for market users on either a live or 30-minute delayed basis from licenced data distributors, or direct from our website.

Average prices

A summary of official and average prices for the previous month are published by close of business (London time) on the first business day of each month. Reports are available free for the current calendar year and can be purchased for previous years.

Volumes

Monthly volume reports demonstrate the substantial number of contracts traded on the Exchange each month. A report for the previous month is published in Excel format within the first seven business days of each month.  

Stocks

A summary of daily stocks levels for the previous month are published within the first seven business days of the following month.

Other reports

Access a range of daily trading reports including:

Live prices and data

A range of real-time and 30-minute delayed prices and data is available via subscription from licenced data distributors, or directly from the Exchange via LMElive.

Ring trading time - First session (UK)
Kerb Trading* 13:25 - 14:45
1st Ring 12:20 - 12:25
Ring trading time - Second session (UK)
Kerb Trading 16:15 - 16:55