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LME Sets Sights On India With Metals Roadshow

Date 04/09/2015

The London Metal Exchange (LME) is broadening its market outreach efforts in India amid growing interest in commodities trading in the region, and is hosting a series of seminars and meetings in New Delhi and Mumbai from 7–11 September.

The LME’s India Roadshow is part of a strategic push into India as base metals consumption increases in the region and more Indian metals companies look to manage their price risk. More than 700 people have registered for the LME’s seminars, indicating significant local demand for information on hedging.

“The LME has always had a strong relationship with the metals industry in India, which is a top-priority region for us,” said LME Chief Executive Garry Jones. “We look forward to meeting a range of market participants in India, and helping them to become more familiar with metals price risk-management tools.”

Several senior LME staff will join Jones on the India Roadshow, including Paul MacGregor, Head of Sales, Robert Fig, Head of Physical Market Sales, and Priyanka Malhotra, Head of Business Development for LME Clear, the LME’s clearing house.

The seminars are now fully booked, but more information on the India Roadshow can be found here.