Search the LME Home Market data LME reference prices Market data LME reference prices QUICK ACCESS LME Official Price LME Unofficial Price LME Closing Price LME Asian Reference Price Average Prices LME certificates The LME publishes a set of daily reference prices that are used the world over by industrial and financial participants for referencing, hedging, physical settlement, contract negotiations, margining and portfolio evaluations. Based on some of the most liquid trading sessions of the day, LME prices are good indicators of where the market is at any point in time. For information about how the European Benchmarks Regulation applies to the LME and the prices that is publishes, please see our Benchmark Regulation page. LME reference prices The LME Official and Settlement prices, are based on trading activity on the Ring. The Unofficial and Closing Prices are based on trading activity on LMEselect. The LME Asian Reference Price is calculated using the volume-weighted average of trades transacted on LMEselect during the most liquid period of Asian trading hours. Price convergence The fact that LME futures can be physically settled plays a vital role in ensuring price convergence with the physical metals industry, ensuring that our prices properly reflect global supply and demand. Price discovery and referencing Price discovery is one of the most important functions of the LME. The prices discovered on the LME are used the world over as the reference price for physical negotiations. Access these prices List of licensed data distributors Access data directly from the LME with LMElive View historical data Reports Business continuity As part of its Business Continuity, and in line with BMR requirements, LME Notice 21/041 sets out alternative pricing and trading arrangements. As part of these Business Continuity plans and as referenced by the Notice, the Minimum Volume Requirement (MVR) Thresholds, Minimum Visible Volume Requirements (“MVVR”) and rounding protocols are set out in this document. Contact us For more information, please get in touch. Contact us STAY UP TO DATE Register with LME.com Receive full access to all our price data and gain access to our monthly LME newsletter, packed with market tips and insights from our on-staff specialists. Register now Metals Trading Clearing Market data Physical services About About the LME Committees Governance Corporate Business continuity FAQs Regulation LME Rulebook (Download) LME Clear Rulebook (Download) Guide to market structure (Download) Market regulation Benchmark regulation Pre-trade transparency Brexit Rules Arbitration Responsibility Responsible sourcing Sustainability Conduct Diversity and inclusion Charity Corporate disclosure CONTACT US London +44 (0)207113 8888 10 Finsbury Square London EC2A 1AJ Singapore +65 6535 5035 9 Battery Road #07-02 MYP Centre Raffles Place Singapore 049910 Register Log in Legal Privacy statement Cookie policy Modern slavery statement Website T&C's Email disclaimer Cyber security awareness © 2021 The London Metal Exchange - an HKEX Company. All rights reserved. This website uses Cookies By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Cookies Settings Accept All Cookies