News item

25 Feb 10

Banks are also Customers

With the necessary involvement and greater engagement in this financial sector, and with credit worthiness presupposed, then success will come sooner than later. Yet the banks themselves do not seem agreed on this role of customer and supplier. In their contact with business and with the people they deal with here, they position themselves more as sales staff rather than purchasers. In consideration, this point of view, although seemingly quite unorthodox, does present us with a different line of thought.

LME (London Metal Exchange)

LME Official Close (3 month)
February 25, 2010
  Nickel (Ni) Copper (Cu) Aluminium (Al)  
Official Close
3 Mon.Ask
20.350,00
USD/mt
 7.080,00
USD/mt
2.090,50
USD/mt
 

LME stocks in mt
  February 1, 2010 
February 25, 2010
Delta in mt Delta in %
Nickel (Ni) 165.870
161.742 -4.128
-2,49%
Copper (Cu) 543.525 550.225 +6.700 +1,23%
Aluminium (Al) 4.611.350 4.579.875
-31.475
-0,68%

 

File: Read Banks are also Customers (PDF)

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