How to find and view London Metal Exchange (LME) data sets
LME - officials, FX, averages, closing prices, warehouse stocks
Table of Contents
How to find and view London Metal Exchange (LME) Data Sets
LME Officials
The LME Official price is the last bid and offer quoted during the 2nd open out cry (or Ring) session for each of the ferrous metals (Copper, Aluminium, Nickel, Zinc, Lead, Tin, Aluminium Alloy and NASAAC) and Cobalt on the LME.
The LME Official Settlement Price is the cash Ask price. It is set once a day by the LME . This price is also know as an LME reference price, Sellers Price or Cash Settlement price.
The LME Official prices are used as the global reference for physical contracts and the LME Official Settlement Price is the price at which all LME futures are settled. They are established between 12.30-1.35pm London time.
More information can be found here.
The LME Official Prices widget provides an overview of key exchange pricing across Cash, 3 Months, 15 Months and the first three December prompt dates.
LME Official Prices are available in LME Non Ferrous Metals Market Page on the Dashboard. This can be found from the All Markets section in the let menu of the Dashboard, alternatively click here..
You can also search for LME Officials using the Global Search. Search for Source: LME, Commodity: Aluminium, Copper etc and keyword “Official”.
From the Global Search select the metal and LME Officials in $/T or cents/lb for Cash or 3 months, Dec1-3. You can view this data in a Multi Price Table, a Historical Price Table or the Price Chart. You can download the LME Officials directly into Excel.
Note that some LME data is available on a next day basis free of charge – this includes the LME Officials, LME FX, LME Averages, LME Warehouse Stocks and LME Closing Prices. If you wish to see live or 30 minutes delayed pricing for these reports or the live pricing published by the LME, please contact your account manager.
LME Monthly Average Settlement Price
The Monthly Average Settlement Price (MASP) is based on LME Official Cash Settlement Prices available in the month which are totalled and averaged over the number of business days in the month. It is stated in US dollars per metric tonne. The MASP is the settlement price for Monthly Average Futures and LME Traded Average Price Options (TAPOs) contracts.
More information can be found here.
LME Monthly Average Settlement Prices are available in LME Non Ferrous Metals Market Page on the Dashboard. This can be found from the All Markets section in the let menu of the Dashboard, alternatively click here.
Alternatively, you can add a new widget to your workspace – the Data Report Widget. This widget contains the LME Averages, LME Closing Prices and LME Warehouse Stocks, which are selectable from a drop down list.
When viewing the LME Averages. the current month moving average is shown by default when you open the widget. To view historical averages, click on the purple date drop down to view previous months. To download to Excel, click on the Export Options button.
Note that some LME data is available on a next day basis free of charge – this includes the LME Officials, LME FX, LME Averages, LME Warehouse Stocks and LME Closing Prices. If you wish to see live or 30 minutes delayed pricing for these reports or the live pricing published by the LME, please contact your account manager.
LME FX Rates
LME FX rates are 3 rates published by the LME during the 2nd ring and which update once a day.
These FX rates are a companion rate used for converting the LME Official Price which is also discovered in the 2nd ring.
LME FX rates are published for GBP/USD, USD/JPY and EUR/USD.
LME FX rates are available in LME Non Ferrous Metals Market Page on the Dashboard. This can be found from the All Markets section in the let menu of the Dashboard, alternatively click here.
Alternatively search for LME FX rates in the Global Search. Search for Source: LME, and the keyword “Official” and then either Euro, Yen or Pound. You can view this data in a Multi Price Table, a Historical Table or a Price Chart. The data is shown in the BID field. To download to Excel, click on the Export Options button.
Note that some LME data is available on a next day basis free of charge – this includes the LME Officials, LME FX, LME Averages, LME Warehouse Stocks and LME Closing Prices. If you wish to see live or 30 minutes delayed pricing for these reports or the live pricing published by the LME, please contact your account manager.
LME Closing Prices
LME Closing Prices, previously called Evening Evaluations are end of day prices determined by the LME Quotations Committee. They usually are published at 17.50 London time.
LME Closing Prices are for hedging participants to use as part of their mark to market and margin payments. They are also used by a number of ETFs, funds and indices as a basis for valuation.
More information can be found here.
When the Closing Prices are published, around 5.50pm UK time, they come out for each metal for all prompt dates. They are published in US Dollar, Euro, Pound Sterline and Japanese Yen. If there is a market holiday in one of these regions, they will not be published in that currency.
Note that the US Dollar Closing Prices are considered a benchmark. The Closing Prices in the other currencies are not considered a benchmark but reference prices.
LME Closing Prices are available in LME Non Ferrous Metals Market Page on the Dashboard. This can be found from the All Markets section in the let menu of the Dashboard, alternatively click here.
Alternatively, you can add a new widget to your workspace – the Data Report Widget. This widget contains the LME Averages, LME Closing Prices and LME Warehouse Stocks, which are selectable from a drop down list.
Alternatively in a new or existing Workspace click Add widget, then select Data Reports to find LME Closing Prices.
To view the LME Closing Prices, from the widget click on the drop down arrow alongside the relevant metal (eg Copper) to view all the LME prompt dates. The Closing prices are published in USD, GBP, EUR and JPY are reported by each prompt date provided by the LME.
Note that some LME data is available on a next day basis free of charge – this includes the LME Officials, LME FX, LME Averages, LME Warehouse Stocks and LME Closing Prices. If you wish to see live or 30 minutes delayed pricing for these reports or the live pricing published by the LME, please contact your account manager.
LME Warehouse Stocks
The LME publish warehouse stock figures from globally approved warehouses daily at 09.00 London time. This includes a high level stock summary, followed by a detailed stock report broken down by country.
More information can be found here.
LME Warehouse Stocks are available in LME Non Ferrous Metals Market Page on the Dashboard. This can be found from the All Markets section in the let menu of the Dashboard, alternatively click here.
Alternatively in a new or existing Workspace click Add widget, then select Data Reports to find LME Warehouse Stocks.
Note that some LME data is available on a next day basis free of charge – this includes the LME Officials, LME FX, LME Averages, LME Warehouse Stocks and LME Closing Prices. If you wish to see live or 30 minutes delayed pricing for these reports or the live pricing published by the LME, please contact your account manager.
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