The LME intends to launch a hedging product for aluminium warehouse premiums
The London Metal Exchange (LME) intends to launch a hedging
product for aluminium warehouse premiums as a way for
participants experiencing lengthy queues to reduce their costs,
writes Joe Parsons and Jonathan Watkins.
LME has been active in reforming its warehousing procedures
over the last year, after participants have complained of long
queues for the withdrawal of aluminium driving up premiums.
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