LME revisits charge caps, increases fot rates for Germany, Spain, UK

October 16, 2018 / www.metalbulletin.com / Article Link

The London Metal Exchange's published charge caps for the 2019-20 period specify increased free-on-truck (fot) rates for Germany, Spain and the United Kingdom, the exchange said in a note to members on Monday October 15.

While the original fees - which came into effect on April 1, 2017 - were expected to be frozen until 2022, the LME has readdressed its rates after a period of participant feedback. "Pursuant to the evidence and arguments submitted in the challenges, the LME Special...

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