German electrolyte copper quotation for conductive material
The German electrolyte copper listing for conductive material ( DEL listing ) is an exchange-dependent price quotation for copper for conductive purposes (purity 99.5%). In cable and wire production , it is an important parameter for calculating the current price.
The information is given in euros per 100 kilograms .
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The DEL is published every trading day on behalf of the protection association DEL-Note e. V. calculated by a trustee office from the official copper cash quotation of the London Metal Exchange (LME), the format surcharge (the so-called cathode premium) and the Bloomberg FX Fixing Frankfurt 2.00 p.m. (BFIX).
The cathode premium is determined from the reports from the main processors and producers of lead copper. The lower DEL quotation represents supply contracts that are settled on a monthly average, while the upper DEL quotation is used for delivery contracts that are settled on the previously unknown daily quotation or prompt fixing.