LMEX
Please note, LME Index (“LMEX”) Futures Contracts (“LMEX Futures Contracts”), was suspended effective 11 November 2019. For further details, please refer to:
The index value is calculated as the sum of the prices for the three qualifying months multiplied by the corresponding weights, multiplied by a constant.
LME index value
2884
Index weighting
| Constituent metal | Aluminium | Copper | Lead | Nickel | Tin | Zinc |
|---|---|---|---|---|---|---|
| Approx no. lots | 25 | 20 | 5 | 5 | 3 | 8 |
| Tonnage | 625 | 500 | 125 | 30 | 15 | 200 |
| Weighting | 42.8 | 31.2 | 8.2 | 2.0 | 1.0 | 14.8 |
| Constant | 0.0026027546182084 | |||||
Weightings of the six metals are derived from global production volume and trade liquidity averaged over the preceding five-year period.
Disclaimer
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.
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