value using mirabau report

  1. 601 Posts.
    Value per shipment using equation from Mirabaud report July 2007

    1 x nikel % x (100-30% moisture) x lme price x 12.5% less cost of $10 per ton

    Thus

    1x 1.4% x 70% x 30,000 x 12.5%
    = 0.0098 x 30000 x 12.5%
    = $36.75 per ton
    = 50,000 tons x (36.75-10)
    =$1,337,500 per shipment
 
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