LONDON, April 7 The London Metal Exchange (LME)
said on Monday it plans to launch a physically-settled aluminium
premium contract and may expand it to other metals.
The LME, the world's biggest marketplace for industrial
metals, did not say in its statement whether it would appeal
against a court ruling that halted a key reform aimed at cutting
backlogs in its global warehouse network.
"The (warehouse reform) rule may still be implemented,
potentially with revised timing periods, either as the result of
an appeal or a fresh market consultation," the statement said.
(Reporting by Eric Onstad; Editing by Anthony Barker)