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LME-PRICES

Lme Index (16/03/17) 2859.5
LME-PRICES (16/03/17)
Cash Ask Cash Bid 3m Ask 3m Bid 15m Ask 15m Bid
Copper 5911 5910 5935 5933
Aluminium 1895 1894.5 1906 1905.5
Nickel 10290 10270 10320 10300
Zinc 2836 2835.5 2855 2853
Lead 2267 2266 2280 2278
Tin 20175 20150 20110 20105 19955 19905
Sec.AL 1720 1710 1730 1720
Steel 325 300 325 300 320 310
Cobalt 53500 53000 53500 53000 53750 52750
Molybdenum 15250 14750 15250 14750 15985 14985
Warehouse stocks (16/03/17)
opening stock live warrants cancelled warrants
Copper 340525 179825 159200
Aluminium 2019325 1281525 726325
Nickel 386400 284304 100620
Zinc 379275 201175 176550
Lead 190550 121450 68975
Tin 4530 3215 1320
Sec.AL 14700 13980 720
Steel 0 0 0
Cobalt 726 694 32
Molybdenum 0 0 0
exhange rate settlements (16/03/17)
exchange rate
EUR 1.0733
GBP 1.2369
JPY
Asian benchmark prices (16/03/17)
price
Copper 5924.9
Aluminium 1901.1
Nickel
Zinc 2848.1
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.