The following price movements were recorded in London Metal Exchange (LME) billet contract trading as of the end of last week.
As of July 15 |
As of July 22 |
Weekly change (%) |
||||
Bid |
Ask |
Bid |
Ask |
Bid |
Ask |
|
Official, cash: |
608.00 |
609.00 |
605.00 |
606.00* |
-0.4 |
-0.4 |
Official, 3 months: |
575.00 |
585.00 |
585.00 |
590.00 |
1.7 |
0.8 |
Official, 15 months: |
635.00 |
645.00 |
645.00 |
655.00 |
1.5 |
1.5 |
Evaluation closing, cash: |
608.00 |
609.00 |
605.00 |
606.00 |
-0.4 |
-0.4 |
Evaluation closing, 3 months: |
575.00 |
585.00 |
585.00 |
590.00 |
1.7 |
0.8 |
*Official cash Ask or Offer price is the settlement price for the cash contract selling in two LME business days' time.
Stock billet volumes decreased to 45,565.00 mt as of July 22, compared to 46,280.00 mt on July 15.