Following the launch of its futures contracts for PP and LLDPE in May, the London Metals Exchange will run a series of seminars during Interplas 2005, at the NEC in Birmingham from October 4-6.
The free one-hour seminar, entitled 'Managing Plastics Price Risk on the London Metal Exchange', will provide an overview of the LME and its services; explain the new plastics contracts and how futures trading works; and provide examples of hedging and how it can add real value to business operations. The seminars have been designed for anyone directly involved in the global purchase or sale of polymers.
Neil Banks, director of exchange development says: "Futures contracts offer the plastics industry the opportunity to manage the risk of volatile prices through hedging on the exchange, and the prices discovered at the LME will provide a transparent daily pricing mechanism. Helping those in the industry to understand the benefits of futures contracts is of key importance to the exchange and these seminars offer a valuable opportunity for anyone with an interest in plastics price risk management."
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LME Tel: +44 (0) 207 264 5532 |