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LME-PRICES

Lme Index (24/05/16) 2210.8
LME-PRICES (24/05/16)
Cash Ask Cash Bid 3m Ask 3m Bid 15m Ask 15m Bid
Copper 4637 4636 4610 4609
Aluminium 1553 1552 1562 1561
Nickel 8340 8335 8390 8385
Zinc 1827 1826 1835 1833
Lead 1651.5 1651 1654 1652
Tin 15770 15765 15705 15700 15495 15445
Sec.AL 1540 1530 1565 1555
Steel 100 50 115 65 155 145
Cobalt 23600 23300 23500 23000 24240 23240
Molybdenum 15300 14800 15300 14800 16190 15190
Warehouse stocks (24/05/16)
opening stock live warrants cancelled warrants
Copper 155000 114900 42350
Aluminium 2555250 1416000 1133700
Nickel 402888 275184 127320
Zinc 385775 354400 31275
Lead 179975 111525 74025
Tin 6810 5725 1160
Sec.AL 14660 13820 840
Steel 0 0 0
Cobalt 637 584 53
Molybdenum 132 108 24
exhange rate settlements (24/05/16)
exchange rate
EUR 1.1171
GBP 1.4601
JPY
Asian benchmark prices (24/05/16)
price
Copper 4565.8
Aluminium 1546.2
Nickel
Zinc 1811.2
Lead
Tin
Sec.AL
Steel
Cobalt
Molybdenum

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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. 

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 are designed user friendly.
 Always easy to handle and always let you see the information you want to see.