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Trading Screen Product Name
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LME Zinc
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Commodity Code
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LZHZ / ZDS
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Contract Size
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25 tons / lot (± 2%)
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Price Quotation
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USD / ton
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Contract type
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3-month
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Contract Series
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Daily
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Trading Hours
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Monday - Friday
07:00 A.M - 01:00 A.M (the next day) |
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Minimum Price Fluctuation
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0.50 USD / ton
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Prompt date
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Daily: out to 3 months
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Last Trading Day
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Up until the close of the first Ring the day before the prompt date
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Margin
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As MXV required
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Position Limit
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As MXV required
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Price Limit
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As MXV required
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Settlement Method
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Deliverable
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Quality Standards
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Standards are detailed below
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In accordance with the regulations of Zinc traded on London Metals Exchange (LME).
The Zinc delivered under this contract must be:
1. Special high-grade zinc of 99.995% purity (minimum) must conform to the chemical composition of one of the following standards:
a. BS EN 1179:2003 - 99.995% grade
b. ISO 752:2004 - ZN-1 grade
c. ASTM B6-12 - LME grade
d. GB/T 470-2008 - Zn99.995 grade
2. In the shape of ingots weighing not more than 30 kilos.
3. Of brands in the LME approved list.
Quality: Zinc and Zinc Alloys – Primary Zinc
BS EN 1179:2003 (Grade Classification Z1)
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Element
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Composition (%)
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Nominal Zinc Content
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99.995
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Pb
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0.003
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Maximum
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Cd
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0.003
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Fe
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0.002
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Sn
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0.001
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Cu
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0.001
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Al
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0.001
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Total of all these elements, exclude Zn
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0.005
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Quality GB/T 470-2008 Zinc Ingots (Zn99.995 grade)
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Element
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Composition (%)
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Nominal Zinc Content
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99.995
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Pb
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0.003
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Maximum
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Cd
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0.002
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Fe
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0.001
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Sn
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0.001
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Cu
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0.001
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Al
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0.001
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Total of all these elements, exclude Zn
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0.005
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Quality: ASTM B6-12 Standard Specification for Zinc (LME Grade)
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Element
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Composition (%)
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Zinc (min by difference)
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99.995
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Pb
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0.003
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Maximum
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Cd
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0.003
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Fe
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0.002
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Sn
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0.001
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Cu
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0.001
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Al
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0.001
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Total of all these elements, exclude Zn
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0.005
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Quality: ISO 752:2004 Zinc Ingots (ZN-1 Designation)
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Element
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Composition (%)
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Zinc (min by difference)
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99.995
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Pb
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0.003
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Maximum
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Cd
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0.003
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Fe
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0.002
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Sn
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0.001
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Cu
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0.001
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Al
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0.001
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Total of all these elements, exclude Zn
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0.005
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