LME pricing & FX
One wrong quotation period and the margin is gone before the cargo lands.
Metal pricing formulas, quotation periods, premiums and currency conversion, applied against live LME data and the National Bank of Pakistan daily ratesheet, the same way every time, with the working shown.
The problem
Pricing is worked out in a separate sheet: the formula, the quotation period, the premium, the freight, the conversion. It is rebuilt each time, under time pressure, and one wrong cell sends an invoice out wrong.
What it costs
A pricing error is not caught by anybody downstream, because everybody downstream assumes the sheet was right. It surfaces as a margin that came in lower than expected, with no obvious cause.
How it works
Four steps, and then it runs without you.
- 01
Your formula is stored
The pricing basis, quotation period and premium are held against the contract rather than rebuilt per shipment.
- 02
Rates come in automatically
LME data and the National Bank of Pakistan daily ratesheet are pulled automatically, so nothing is typed from a bulletin.
- 03
The calculation runs
The same formula, applied the same way, on every shipment it belongs to.
- 04
The working is shown
Each figure can be opened and traced through its inputs, so a number is never simply asserted.
What you get
Everything in this pillar, out of the box.
- Metal pricing formulas held against the contract
- Live LME data and the daily NBP ratesheet
- Quotation-period and premium handling
- Bulletin impact analysis across open positions
- Full working shown behind every figure
- Currency conversion with the rate that applied on the day
Built for: Finance · Trading · Operations
Next step
Bring one shipment. We'll show you the rest.
Twenty minutes, your own documents, no preparation needed. You'll see exactly what comes out and exactly what gets flagged.