HKEX News Events Education Contact us Account METALS TRADING CLEARING MARKET DATA PHYSICAL SERVICES Search the LME Home Market data LME reference prices LME Official Price LME reference prices LME Official Price QUICK ACCESS LME Unofficial Price LME Closing Price LME Asian Reference Price Average Prices LME certificates Login or register under 'account' to gain access to all reports and data published on our website. Login Register here 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. How is it used? The LME Official Price is used as the global reference for physical contracts. The LME Official Settlement Price is the price at which all LME futures are settled. Prompt dates Cash, three month and 15 month: LME Tin, LME Steel Billet, LME Cobalt and LME Molybdenum. Cash, three month and one forward December prompt: LME Aluminium Alloy and LME NASAAC. Cash, three month and three forward December prompts: LME Aluminium, LME Copper, LME Lead, LME Nickel and LME Zinc. When is it published? 12.30-13.25 London time Currency USD (LME also publish exchange rates for EUR, GBP, JPY) Trading day and price points Trading day and price points London Singapore New York LMEselect open 01.00 09.00 20.00 LME Asian Reference Price Established 06.55 - 07.00 (07.55 - 08.00 BST*) Provisional prices published 07.01 (08.01 BST*) Confirmed at 07.03 (08.03 BST*); * All times are London time unless stated otherwise 07.00 15.00 02.00 Stock inventories published 09.00 17.00 04.00 Ring open 11.40 19.40 06.40 LME Official and Official Settlement Price established 12.20 - 13.25 20.20 - 21.25 07.20 - 08.25 LME Official and Official Settlement Price published 12.20 - 13.25 20.20 - 21.25 07.20 - 08.25 LME Unofficial Price established and published 15.00 - 15.35 22.00 - 22.35 10.00 - 10.35 LME Closing Price established 15:50 - 17.00 22.50 - 00.00 10.50 - 12.00 Ring close 17.00 00.00 12.00 LME Final Closing Price published from 17.50 00.50 12.50 LMEselect close 19.00 02.00 14.00 Access these prices LMElive Historical data Reports Distributors The LME Official Prices are benchmarks administered by the LME pursuant to the UK Benchmarks Regulation (BMR) (and collectively constitute the LME Official Prices Benchmark Family). For more information, please see the Benchmark Regulation page. This page also includes links to the BMR benchmark statement and methodology for the LME Official Prices. Contact us For more information, please get in touch. Contact us 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