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LME Lowered Lead, Nickel, NASAAC Contract Margins

Friday, Dec 21, 2007
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London Clearing House (LCH)-who takes charge of the clearance of LME said it has lowered LME lead, nickel and NASAAC contract margins. This adjustment takes effect from 20, December.

Following are new margins, unit/lot:

Metal Name New Margins Old Margins 1Lot=?ton
Aluminum alloy 1,200 1,200 20
Aluminum 3,050 3,050 25
Copper 12,500 12,500 25
Lead 9,325 10,000 25
NASAAC 1,560 1,840 20
Nickel 18,786 21,000 6
Tin 5,000 5,000 5
Zinc 6,750 6,750 25

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