What is LME Aluminium price?
LME Aluminium Official Prices
| Contract | Bid | Offer |
|---|---|---|
| 3-month | 2748.00 | 2750.00 |
| Dec-23 | 2715.00 | 2720.00 |
| Dec-24 | 2655.00 | 2660.00 |
| Dec-25 | 2605.00 | 2610.00 |
What is the current price of Aluminium?
The word “Markets Insider”. Two crossed lines that form an ‘X’….AluminiumCommodity.
| Name | Aluminium |
|---|---|
| Price | 2,790.13 |
| % | 0.45 |
| Unit | USD per Ton |
| Date | 5/12/22 02:19 PM |
What is LME and SME?
LME: London Metal Exchange. SME: Shanghai Metal Exchange.
What is LME premium?
LME Aluminium Premiums are monthly contracts, settled physically net of the Free on Truck (FoT) warehouse fee, on the third Wednesday of every month out to 15 months. Premium contracts trade without diluting liquidity from the regular LME market.
What is LME copper price today?
LME Copper Closing Prices
| Contract | Price |
|---|---|
| 3-month | 9090.00 |
| Month 1 | 9105.00 |
| Month 2 | 9097.00 |
| Month 3 | 9091.00 |
Why LME aluminium prices are increasing?
Aluminium prices have already had an upward bias in the current year as the international market was facing around one million tonne supply shortage, mainly due to production cut by China. The price of the metal increased by over 8% month-on-month in February to around $3,230/tonne.
What is LME price mean?
The LME is one of the main commodities markets in the world and allows for the trading of metals options and futures contracts. It also lists futures contracts on its London Metal Exchange Index (LMEX), which is an index that tracks the prices of the metals that trade on the exchange.
What does LME mean?
LME
| Acronym | Definition |
|---|---|
| LME | Liability Management Exercise (finance) |
| LME | Local Management Entity |
| LME | Liquid Malt Extract |
| LME | Layer Management Entity |