London Metal Exchange Prices Copper
The london metal exchange s move to digital trading has added to the uncertainty in copper prices and stocks.
London metal exchange prices copper. The most important trading venues for copper are the london metal exchange new york mercantile exchange comex and the shanghai futures exchange. Copper prices are very important for many companies. Lme prices are very important for companies who trade in these metals. We use cookies for statistical and measurement purposes to help improve our website and provide you with a better online experience.
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. The copper market is constantly changing besides product information there is a rapidly growing need for real time price information and stock information of lme copper. 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. Copper prices plunge as lme shuts ring for the first time.
Singapore april 14 reuters london copper prices on tuesday rose to their highest in nearly four weeks as mining disruptions in major producing countries threatened supplies of the red metal. Every metal traded on the lme must conform to strict specifications regarding quality lot size and shape. What is the lme official price and how is it calculated. Each of the reference prices published by the exchange is derived directly from trading and provide transparent pricing for the global metals market.
By clicking i accept you agree to such purposes. Copper stocks to watch. Copper is soft pliable malleable and conductive. The lme copper contract is the second largest traded contract on the lme london metal exchange.
Cookie policy we use cookies for statistical and measurement purposes to help improve our website and provide you with a better online experience. Lme is now the world s leading market for non ferrous metals.