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LME to launch monthly 'implied pricing' to attract funds

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BASE METALS
The London Metal Exchange (LME) will launch a new set of synthetic monthly prices to make it easier for investors and funds to invest in base metals as the LME battles competition from other exchanges such as those operated by CME Group Inc.. The world's oldest and largest market for industrial metals, the LME said in a statement on Tuesday that "implied" prices for the six main base metals would be provided starting July 30.
 
 
 
 
 

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