I’ve been using the LME website since I found out how much the comex and the LME has diverged. It’s a bit of a pain, and everything you google (even if you put in LME) seems to try to take you to websites that use comex prices.
I don’t know a lot about the metals markets but I do know that the LME price is more relevant to Aussie producers than the comex.
Before another poster on another stock pointed out that the difference was currently about 7% I too had been lazily and erroneously conflating the two.
Probably won’t deter some from using their favourite highly graphical websites, but with over A$1000 per tonne difference atm I’ll use the clunky LME website until I find better that is not comex based.
EL
A1M Price at posting:
35.3¢ Sentiment: Buy Disclosure: Held
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