The forward curve is available for the key prompt dates and displayed on a daily basis from 16.15 by LME licensed data vendors and on the electronic wallboards in the Ring dealing area. As the prices for the forward curve change during the Kerb session they will be amended and displayed accordingly.

“The live forward curve is the latest in a series of enhancements that we have implemented in response to a member consultation on our Closing Prices,” said Peter Childs, Head of Price Discovery at the LME.

In October 2011, the LME extended its range of published Official Prices to include forward December prompt dates. This change reflected a growing tendency for metal to be transacted on a yearly December-to-December basis, and makes it easier for market participants to match their physical trades with their hedging activity.

~Ends~

For further information or to speak to an LME spokesperson, please contact:

Miriam Heywood
Press Officer
t +44 (0)207 264 5538
e miriam.heywood@lme.com

Related content:

• LME Closing Price

About the London Metal Exchange

The London Metal Exchange is the world's premier base metals market. It aims to set the global standard for price risk management in metals and provide tools including futures and options contracts for aluminium, copper, tin, nickel, zinc, lead, aluminium alloy and NASAAC, steel billet and the minor metals - cobalt and molybdenum. In 2011, 146.6  million lots were traded at the LME, while the total value of trading on the Exchange was $15.4 trillion. At the close of the year 7 million tonnes of material were held on LME warrant in 734 storage facilities across 37 locations internationally. http://www.lme.com/