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Platts reports LCH.Clearnet is raising its margin rates for the LME’s nickel, lead, zinc and tin contracts August 16.
Platts reports LCH.Clearnet is raising its margin rates for the LME’s nickel, lead, zinc and tin contracts August 16.
The market news is quoted as saying,
After consultation with LME, the scanning range for nickel will be raised to $2,500/mt from the previous $2,400/mt; for lead it will rise $290/mt, up from $250/mt; for zinc to $245/mt from $210/mt; and for tin to $2,600/mt from $2,100/mt.
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