Each of the reference prices published by the Exchange is derived directly from trading and provide transparent pricing for the global 七星直播s market.
What is the LME Unofficial Price and how is it calculated?
The LME Unofficial Price is the last bid and offer quoted during the third Ring.
How is it used?
The LME Unofficial Price is a good indicator of afternoon trading and is used as a reference price, especially in markets in different time zones.
Cash, three month and 15 month: LME Tin and LME Steel Billet.
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?
15.00-15:35 (excluding minor 七星直播s)
USD (LME also publish exchange rates for EUR, GBP, JPY)
Trading day and price points
|Trading day and price points||London||Singapore||New York|
|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
|Stock inventories published
|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
||12.30 - 13.25
||20.30 - 21.25
||07.30 - 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
|LME Final Closing Price published from
The prices set out here are not “benchmarks” (within the meaning given to this term in the European Benchmarks Regulation (Regulation (EU) 2016/1011) (“BMR”)). It is prohibited to use these prices for any purpose other than CCP risk-management and settlement of LME contracts.
The LME, its affiliates, and their directors, officers, employees, partners and licensors, shall not be liable (to the extent such limitation is permissible under law) for any use by any party of these prices as benchmarks contrary to article 29(1) of the BMR or under any applicable legislation enforceable in any jurisdiction which seeks to implement or otherwise enforce the prohibition set out in article 29(1) of the BMR.
The LME reserves all its rights in respect of any failure to comply with the terms of this disclaimer.