LME Molybdenum (Platts)

Data valid for 22 March 2019

LME CLOSING PRICES, US$ PER POUND

Contract Price
Month 1 12.43
Month 2 12.28
Month 3 12.28
Month 6 12.28
Month 12 12.28
Month 15 12.28

LME CLOSING PRICES, US$ PER POUND

Historical price graph

LME Molybdenum (Platts) - contract specifications

Contract code MD
Contract type Futures
Delivery type Cash settled
Lot size 2205 lbs (pounds)
Contract period
Monthly prompts out to 15 months
Price quotation US dollars per lb
Clearable currency USD
Minimum price fluctuation Venue
Outright  Carries 
LMEselect  $0.05  $0.01 
Telephone $0.01  $0.01 
Termination of trading Last LME business day of the contract month
Daily settlement procedure LME Trading Operations will calculate daily settlement values based on its published procedure
Final settlement price published by the LME Last trading day
Final settlement procedure1 Final settlement, following termination of the trading for a contract month, will be based on the reported arithmetic monthly average of the Platts Molybdenum Oxide Daily Dealer (Global) index which is available from 14:00 London time on the last trading day
Trading venues LMEselect and inter-office telephone
Trading hours LMEselect 01:00 - 19:00 London time 
Inter-office telephone 24 hours a day 
Margining Realised variation margins applied

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