The majority of contracts are struck on basket price FOB china at time of delivery. IE LYC is getting any upside in basket price ( and taking the risk should it fall). I think one early contract was at a very cheap price but for a modest amount of RE.
a question from a newbie, page-2
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Last
$6.15 |
Change
-0.075(1.21%) |
Mkt cap ! $5.795B | |||
| Open | High | Low | Value | Volume |
| $6.12 | $6.21 | $6.10 | $3.468M | 562.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 13293 | $6.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.15 | 13230 | 28 |
View Market Depth
| Last trade - 11.34am 30/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |