Aluminium Price definition

Aluminium Price means, in relation to a month, the average expressed in US dollars per tonne (rounded to 5 decimal places) of the LME Price for each day of the month on which the London Metal Exchange was open for trading.
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Examples of Aluminium Price in a sentence

  • All currency conversions from Dollars to Euros and vice versa required for purposes of calculating the applicable LME Aluminium Price shall be made utilizing the monthly average of the daily spot Euro/Dollar exchange rate of the European Central Bank during the calendar month preceding the calendar month of shipment calculated each day, adjusted by the “report/deport” spread to the LME prompt date of the month of shipment plus two (2) Business Days.

Related to Aluminium Price

  • Bottle means any vessel intended to contain liquids and having a capacity of not more than 43

  • Minimum Price shall have the meaning specified in Section 7.1(d).

  • Beam scattering foil means a thin piece of material (usually metallic) placed in the beam to scatter a beam of electrons in order to provide a more uniform electron distribution in the useful beam.

  • Nitrogen oxides means nitric oxide and nitrogen dioxide, expressed as nitrogen dioxide (NO2);

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.