1. 1877年LME成立时,英国仍是一个制造业大国。LME的三个月交割基准合约,就是为了反映将智利的铜(或马来亚的锡)运至英国港口所需的时间。
When LME was founded in 1877, Briton was still a manufacturing superpower. The three month period of contract settlement refelected the time that would take to transport the Chilean copper or Malasian tin to British ports.
2. 但如今,中国是金属市场上举足轻重的力量,在多数金属的需求中占40%以上的比重,在LME期货交易中的份额也在快速增长。
But now, China is a dominant player in the world metal markets, its share of the demands for most of the metals is often more than 40%, and its trading volume in LME futures contracts is growing rapidly as well.