info@lcfe.ng
+234-9150009000
menu icon
Market status:

market watch

Date Commodities Location unit unit price
15/09/2023 SOYA BEANS BENUE KG 400
15/09/2023 PADDY RICE NIGER KG 330
15/09/2023 YELLOW MAIZE YOBE KG 500
15/09/2023 SORGUM YOBE KG 420
15/09/2023 SESAME SEEDS NASARAWA KG 1500
15/09/2023 GINGER (DRY) YOBE KG 450
15/09/2023 CASSAVA (DRY) BENUE KG 300
15/09/2023 PALM OIL NASARAWA LITRE 1200
15/09/2023 SHEA (DRY NUT) NIGER KG 320
15/09/2023 SHEA (BUTTER) NIGER KG 1500
Date Commodities Location unit unit price
15/09/2023 LITHIUM 4% Purity NASARAWA TON 750000
15/09/2023 LITHIUM 5% Purity NASARAWA TON 900000
15/09/2023 LITHIUM 6% Purity NASARAWA TON 1500000
15/09/2023 LITHIUM 7% Purity NASARAWA TON 1800000
15/09/2023 LEAD ORE 40% Purity PLATEAU TON 520000
15/09/2023 LEAD ORE 50% Purity PLATEAU TON 600000
15/09/2023 LEAD ORE 60% Purity PLATEAU TON 650000
15/09/2023 FLORITE 70% Purity NASARAWA TON 70000
15/09/2023 ZINC 30% Purity NASARAWA TON 300000
15/09/2023 ZINC 40% Purity NASARAWA TON 400000
15/09/2023 IRON ORE NASARAWA TON 70000
15/09/2023 ILMENITE ORE NASARAWA TON 70000
15/09/2023 Kunzite 5-6% Purity NASARAWA TON 1900000
15/09/2023 EKO GOLD COIN LCFE GRAM 46500

our products

Agriculture Product

Agriculture

Solid Mineral Products

Solid minerals

Oil and Gas Products

oil and gas

Currencies

Currencies

trading at lcfe

Sell Commodities

1
SELECT A DMF
Identify an LCFE accredited dealing member firm (DMF) of choice and open a client account with them
2
APPLICATION FOR ONBOARDING ON LCFE
Your chosen DMF will collate your company’s documents and apply for onboarding on LCFE. If you own your warehouse your DMF will apply for onboarding of your warehouse
3
TRADING ACCOUNT
Upon approval by LCFE, your DMF will open a CSCS/trading account on your behalf. This account will be linked to your warehouse
4
WAREHOUSE DEPOSIT
You deliver approved commodities to the registered warehouse which will reflect automatically at the exchange
5
MANDATE INSTRUCTION
You give a mandate/instruction to your DMF to sell your commodity at chosen price and quantity. Your broker sells on your behalf to another client through their broker on the exchange
6
SETTLEMENT
Once the transaction has been concluded on the exchange your account will be credited in 3 days and the buyer can pick up their commodities from the warehouse

Buy Commodities

1

Identify an LCFE accredited dealing member firm (DMF) of choice and open a client account with them

2

Dmf will open a cscs/trading account on your behalf.

3

You give a mandate/instruction to your DMF to buy commodities on your behalf at your chosen price, quality and quantity. You deposit the total value of the commodity you want to buy in your brokers trading bank account

4

Your broker buys on your behalf from another client through their broker on the exchange

5

Once the transaction has been concluded on the exchange your money will be moved from your broker’s bank account to the seller’s account

6

The seller’s Commodities now belong to you. You can now pick up your commodity at the storage facility or choose to resell on the exchange for a profit

Trading Sale

insights

upcoming events

No event at the moment!

Check our past events

Subscribe to our

Weekly bulletin