Fix Formula Prices in seconds during LME working hours. ScrapEX PriceFixer – Part of Your Trading Co-Pilot. Instant, convenient formula price fixing.
For ScrapEX PriceConverter users
Hedge with brokers?
Why ScrapEX PriceFixer
For ScrapEX PriceConverter Users
Open New Markets
Don't limit yourself of selling only to those who can buy at SPOT or buy only from those who sell at formula price with your fixing option.
Grow Your Margin
Remove middleman in your trade with end customers with better prices.
Trade with ZERO Risk
You get what you want with ZERO risk.
One Decision Hedging
No need to have LME broker account, learn how to hedge, handle contango and backwardation. Just decide when you want to fix the price for you deal.
For Companies that work with LME Brokers
Open New Markets
Don't limit yourself of selling only to those who can buy at SPOT or buy only from those who sell at formula price with your fixing option.
Grow Your Margin
Remove middleman in your trade with end customers with better prices.
Trade with ZERO Risk
You get what you want with ZERO risk.
One Decision Hedging
No need to have LME broker account, learn how to hedge, handle contango and backwardation. Just decide when you want to fix the price for you deal.
How it works
For Scrap Suppliers:
You have a buyer offering a strong formula price, but only with their fixing option. You prefer a fixed price or your own fixing option.
With PriceConverter, you can turn that formula price into a fixed price, instantly estimating the equivalent value based on the current LME.
If the converted fixed price is competitive, ScrapEX buys from you at that fixed price and sells to the buyer at the formula price with their fixing option.
For Scrap Consumers:
You have a supplier offering a good fixed price, but you prefer a formula price with your fixing option.
With PriceConverter, you can convert the fixed price into a formula deal and see the equivalent formula price based on the current LME.
If the converted formula price is attractive, ScrapEX buys from your supplier at the fixed price and sells to you at the formula price with your fixing option.
Use PriceConverter emulator to simulate your case scenario and uncover how this solution can benefit your business:
Protect your margins Expand your sales network by enabling trades that were previously out of reach Stay in control with the flexibility to fix prices whenever you choose
ScrapEX PriceConverter
Want to see how ScrapEX PriceConverter can boost your business in action?