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LME WILL CONSIDER REPLACING WAREHOUSE RENT CAPS WITH FIXED DAILY LOAD-OUT RATES

  • NEWS Desk Global
  • Mar 9
  • 1 min read

The London Metal Exchange said on Monday that existing caps on rent charged ​by its network of warehouses could be ‌replaced with a fixed daily load-out rate.

As part of a consultation on proposed enhancements to its physical market ​infrastructure, the LME said the current system ​could be replaced with a requirement to ⁠load out 1.5% of metal on ​warrant - or available to the market - on a ​daily basis.

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