Risk Warning: Financial trading in a leveraged product may result in losses that exceed your initial deposit. Leveraged trading is not suitable for everyone, so please ensure that you fully understand the risks involved prior to trading.

Close X
A Member of the London Metal Exchange
Call Now
+44 (0) 207 758 4777

Pricing & Data

LME Official Prices

prices

The LME publishes a variety of prices covering all contracts traded on the Exchange. These prices are used by industrial and financial participants as a reference for hedging, physical settlement, contract negotiations, margining and portfolio evaluations.

Each of the reference prices published by the Exchange is derived directly from trading and provide transparent pricing for the global metals market.

What is the LME Official Price and how is it calculated?

The LME Official Price is the last bid and offer price quoted during the second Ring session and the LME Official Settlement Price is the last cash offer price.

What is the LME Unofficial Price and how is it calculated?

The LME Unofficial Price is the last bid and offer quoted during the fourth Ring.

What is the LME Closing Price and how is it calculated?

The LME Closing Price (also known as the Evening Evaluation) is determined by the LME Quotations Committee with regard to the close of open-outcry (Kerb) trading on the Ring as well as trades, bids and offers (including indicative bids and offers) transacted throughout the whole day.

 

Video content has been provided courtesy of the London Metal Exchange



Open a LME Trading Account at Berkeley and Receive

Carry price quotes with no obligation to trade

Back-up low cost online and mobile trading solutions

Information on enhancing returns and reduced margin costs

An additional execution source that gives-out trades to your alternate clearing broker

Competitive FX hedging or conversion rates

LME Registered Client contracts. No counterparty risk

Segregated client funds in accordance with the FCA client Money Rules

Set up an LME trading account today