Email of the day on units of scale for commodities
Comment of the Day

February 09 2016

Commentary by Eoin Treacy

Email of the day on units of scale for commodities

Where can I find the "units" that the charts are presented in? e.g. -- LME copper Spot is (fairly obviously) US$/short ton (2000 lbs) -- I think. But what about "Coking Coal China 2nd Grade Spot" -- the numbers range from 2000 down to 800 ... clearly not US$/tonne??

Eoin Treacy's view

Thank you for this question. We do not generally put the units for commodities in the title because this needs to be done manually. However your point is well taken and relevant. The units for Chinese coking coal are Renminbi per tonne and I have updated the title accordingly. We’ll also adjust others where the units might not be obvious. 

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