­

LME-PRICES

Lme Index (02/10/24) 4382.5
LME-PRICES (02/10/24)
Cash Ask Cash Bid 3m Ask 3m Bid 15m Ask 15m Bid
Copper 9882.5 9882 10024 10023
Aluminium 2635 2634 2635 2634
Nickel 17730 17725 18000 17980
Zinc 3132 3130 3153 3151.5
Lead 2091 2089 2139 2137
Tin 34275 34225 34300 34275 33570 33520
Sec.AL 2110 2100 2131 2121
Steel 1 0.5 1 0.5 1 0.5
Cobalt 24165 23665 24300 23800 25900 24900
Molybdenum 1 0.5 1 0.5 1 0.5
Warehouse stocks (02/10/24)
opening stock live warrants cancelled warrants
Copper 300175 266625 33650
Aluminium 790450 391250 396700
Nickel 131178 123084 8094
Zinc 249875 219925 28825
Lead 199125 193400 5725
Tin 4595 3860 710
Sec.AL 1600 1580 20
Steel
Cobalt 115 29 86
Molybdenum
exhange rate settlements (02/10/24)
exchange rate
EUR 1.1076
GBP 1.3294
JPY
Asian benchmark prices (02/10/24)
price
Copper 9951.8
Aluminium 2650.4
Nickel
Zinc 3156.0
Lead
Tin
Sec.AL
Steel
Cobalt
Molybdenum

Interested in real time pricing?

REQUEST A FREE TRIAL

London Metal Exchange pricing

“LME setting the global standard”

The London Metal Exchange was founded in the year 1877, but has a history from the year 1571. LME is now the world’s leading market for non-ferrous metals. LME prices are very important for companies who trade in these metals.
 The owner is LME Holdings Limited and is located at Leadenhall Street, City of London, United Kingdom.
 The London Metal Exchange started with copper and very soon lead and zinc followed. After that the trade was extended with aluminium and other metals.
 About $US 11.6 trillion annually is the total value of the trade. 
For commodities most of the deals are made to be delivered in three month’s time. This is an old custom that goes back in time because copper cargoes needed a 3 month’s journey to deliver the copper from Chile.

LME offers futures and options various contracts for aluminium, copper, tin, nickel, zinc, lead, aluminium, alloy, NASAAC (North American Special Aluminium Alloy), steel billet, cobalt and molybdenum. 
Contrary to other exchanges the trade is still in the ring. The LME is in Europe the last exchange where open-outcry trading take place. The prices are based on supply and demand. 
LME has so-called Ring Dealing Members. Only these Ring Dealing Members are entitled to enter the ring and trade during the ring-trading sessions. 
There are twelve companies, who have the exclusive right to trade in the ring.

All companies who work with metals know the phenomena that prices can strongly fluctuate. This fluctuations depend not only from supply and demand but also from expectations and sentiments in the financial world. These prices are often unpredictable and have a big influence on profits of companies. LME offers as well buyers as sellers the opportunity to hedge their material price risk and have protection further future fluctuation in prices.

Real time LME prices

On the internet it is possible to follow the London Metal Exchange pricing with a delay of one day. Companies who are in the metal trading business are interested in real-time London Metal Exchange pricing. We offer these important real time prices such as scrap prices, LME copper and LME aluminum. With this information companies can react immediately on price fluctuations from the London Metal Exchange.

Metal Radar is a software developer and developes real time pricing solutions since 2007. From the three leading exchanges: London Metal Exchange, Chigago Mercantile Exchange and the Shanghai Futures Exchange, Metal Radar is an official developer and distributor, find more info at https://www.move-central.com/. 

To be sure that you can access these important real time pricing at all times, Metal Radar also offers various apps for your Iphone, Blackberry en Android smartphones.

We offer real time prices on 2 different media:

  • Your PC screen                                      (OfficeRadar)
  • Your mobile Phone                               (MobileRadar)

On all these 2 media the information is real-time and is designed user friendly.
 Always easy to handle and always let you see the information you want to see.