Metal quotation from 15th February 2022
As you may have recently heard, the publication of the copper quotes via DEL will be suspended.
To be able to offer a reliable basis for calculating your prices, we will now calculate our copper on the basis of LME reference price (offer/cash settlement) of the previous day. You will find this price at:
The exchange rate for this from US dollars to EURO is determined by the European Central Bank ww.ecb.europa.eu/stats/policy_and_exchange_rates/euro_reference_exchange_rates/html/eurofxref-graph-usd.en.html
Our KERPEN copper price will be result of the following calculation:
[(LME reference rate + copper cathode premium)/ ECB exchange rate] + acquisition fees
All our prices and information are based on a copper price per 100kg (€/100kg).
Of course, all your basic or hollow prices remain valid.
We ask for your understanding for this very short-term implementation and are always available for your questions.