Weblmex.pk

Pakistan's first metal and chemicals pricing place

LCCI Radio

Live spot prices

  • Cotton (USD/lb.)
  • August 21,06:00
  • BID/ASK  
  • Change  
  • LOW/HIGH  
  • Silver (USD/t oz.)
  • August 21,06:00
  • BID/ASK  
  • Change  
  • LOW/HIGH  
  • Crude Oil (USD/bbl.)
  • August 21,06:00
  • BID/ASK  
  • Change  
  • LOW/HIGH  
  • Lead (US$/lb)
  • August 21,06:00
  • BID/ASK1.0597  1.0601
  • Change+0.0006  +0.06%
  • LOW/HIGH1.0539  1.0761
  • Zinc (US$/lb)
  • August 21,06:00
  • BID/ASK1.4146  1.4148
  • Change+0.0025  +0.18%
  • LOW/HIGH1.4085  1.4382
  • Aluminium (US$/lb)
  • August 21,06:00
  • BID/ASK0.9484  0.9486
  • Change+0.0096  +1.02%
  • LOW/HIGH0.9379  0.9556
  • Nickel (US$/lb)
  • August 21,06:00
  • BID/ASK5.0990  5.1013
  • Change+0.1639  +3.32%
  • LOW/HIGH4.9305  5.1294
  • Copper (US$/lb)
  • August 21,06:00
  • BID/ASK2.9710  2.9714
  • Change+0.0453  +1.55%
  • LOW/HIGH2.9202  2.9882
  • Gold (US$/t oz.)
  • August 21,06:00
  • BID/ASK  
  • Change  
  • LOW/HIGH  
Price Mechanism

Gathering prices for privately traded metals is an art. We must evaluate the reliability of price contributors and make a judgment about the final low and high price range to publish.
Negotiating and dealing with the traders has been a day to day affair for the management for long to help understand the nuances of buying and selling metal and chemicals. Therefore we know when one of our price contributors is "exaggerating their book" and when to apply judgment to the price range.

 
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