Change in German metal prices
We received short-term the information that the copper DEL quotation known to all of us will be suspended as of Monday, 14 February 2022 and will no longer be published.
In order to be able to maintain the base prices for existing and new orders, we have worked out a new calculation method, which will continue to be transparent and comprehensible for you.
The LME quotation of the London Stock Exchange, which is available to everyone, will now serve as the basis.
The now was determined on the basis of the difference between the last DEL quotations and the correlating and the correlating LME prices.
The resulting average value is added to the LME price accordingly.
As a result, this means a surcharge of +1.5% on the LME quotation.
We will use this value instead of the DEL quotation until further notice.
appendix:
Metallnotierung.pdf