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LME-PRICES

Lme Index (25/08/16) 2358.1
LME-PRICES (25/08/16)
Cash Ask Cash Bid 3m Ask 3m Bid 15m Ask 15m Bid
Copper 4639.5 4639 4649 4647
Aluminium 1624 1623 1638 1636
Nickel 9795 9790 9850 9825
Zinc 2286 2285.5 2280 2279
Lead 1840 1839.5 1851 1849
Tin 18900 18850 18855 18845 18710 18660
Sec.AL 1585 1575 1600 1590
Steel 325 300 325 300 320 310
Cobalt 26250 25750 26250 25750 26824 25824
Molybdenum 16500 16000 16500 16000 17260 16260
Warehouse stocks (25/08/16)
opening stock live warrants cancelled warrants
Copper 254700 213450 50425
Aluminium 2259100 1337000 916775
Nickel 373206 259530 112884
Zinc 455275 428925 26150
Lead 187650 119450 67850
Tin 4570 2950 1580
Sec.AL 11780 11660 120
Steel 0 0 0
Cobalt 635 536 99
Molybdenum 18 12 6
exhange rate settlements (25/08/16)
exchange rate
EUR 1.1288
GBP 1.3190
JPY
Asian benchmark prices (25/08/16)
price
Copper 4651.4
Aluminium 1649.6
Nickel
Zinc 2273.7
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.