What is the LME price for copper today?
LME Copper Official Prices
| Contract | Bid | Offer |
|---|---|---|
| Cash | 9262.50 | 9263.00 |
| 3-month | 9274.00 | 9275.00 |
| Dec-23 | 9280.00 | 9290.00 |
| Dec-24 | 9270.00 | 9280.00 |
Can I visit the London Metal Exchange?
Requests to visit the trading floor (the Ring) from the general public and educational bodies unfortunately cannot be accommodated. LME members and groups associated with the metals industry are asked to enquire by email.
What is LME base metals?
The London Metal Exchange (LME) is a commodities exchange that deals in metals futures and options. It is the largest exchange for options and futures contracts for base metals, which include aluminum, zinc, lead, copper, and nickel. The exchange also facilitates trading of precious metals like gold and silver.
What is the LME price of gold?
LME Gold Closing Prices
| Contract | Price |
|---|---|
| Spot | 1811.80 |
| Month 1 | 1812.70 |
| Month 2 | 1814.40 |
| Month 3 | 1817.20 |
Who can trade on London Metal Exchange?
1) A large number of participants access our markets as clients of LME members. Non-members wishing to trade LME contracts can do so through Category 1, 2 and 4 Members (and their associated ISVs). 2) Alternatively, participants can access LME markets by becoming members themselves.
How do LME contracts work?
The LME is a terminal market whereby every futures contract anticipates that a delivery will take place. While the majority of contracts are for financial purposes and are cancelled out by equal and opposite contracts, there is a physical commitment behind the original contract.
What is bid and offer in LME?
information, including but not limited to inter-office activity and prevailing market prices. In these. 3 The terms “bid” and “offer” at all times refers to best bid and best offer active in the market at the close of the Pricing Period. Page 14. LME Official Prices – Benchmark Methodology.
What’s the price of gold today?
MONEX Live Gold Spot Prices
| Gold Spot Prices | Today | Change |
|---|---|---|
| Gold Prices Per Ounce | $1,852.00 | +17.00 |
| Gold Prices Per Gram | $59.54 | +0.55 |
| Gold Prices Per Kilo | $59,541.80 | +546.55 |
What is the price of 1 kg gold?
Gold Bullion Bar 1 Kg
| Weight: | Spot Price: | Buy Price: |
|---|---|---|
| 32.15 oz | $ 58,614.58 | $ 60,079.95 |
What will copper do in 2022?
The price is expected to decrease to $7,500 in 2022 and then grow to $8,250 by 2035. The IMF projects the growth of the copper price from an average of $6,174 per metric ton in 2020 to $8,313 in 2021, followed by a gradual decline to $7,600 per metric ton by 2026.
How do you join LME?
Members wishing to issue LME registered client contracts to customers will need to demonstrate applicable regulatory authorisations. The LME operates three trading venues, an electronic trading platform (LMEselect), an open outcry trading floor referred to as the Ring, and the inter-office or telephone market.
What is LME 3 month contract?
LME contracts The 3-month LME rolling contract (contract with the 3-month prompt date) is the most liquid contract on any given trading day – it’s the anchor price for the market. Most participants tend to “trade out” of the 3-month contract and “roll” into a contract with the desired prompt date.
What is LME 3 month?
LME cash contracts are for settlement or delivery two Business Days forward from the trading day. A 3 Month price represents the price agreed to settle or deliver material 3 months from the time the price is agreed.
Will steel prices go up in 2022?
Indian steel prices to fall by 10%-15% in 2022.