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 Asian Benchmark and how is it calculated?
The LME Asian Benchmark is calculated basis the trade-weighted average of trades transacted on LMEselect between 07.00-07.15 GMT or 08.00-08.15 BST.
How is it used?
The LME Asian Benchmark provides traders with a useful early-day guide to trading in one of the most significant and liquid periods of the day.
Prompt dates:
Three-month LME Aluminium, LME Copper and LME Zinc
When is it published?
07.30 GMT (08.30 BST)
Currency:
USD (LME also publish exchange rates for EUR, GBP, JPY)
