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LME Closing Price

The Ring

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 Closing Price and how is it calculated?

The LME Closing Price (also known as Valuations) is determined by the LME Quotations Committee with regard to trading on LMEselect as well as trades, bids and offers transacted throughout the whole day.

How is it used?

Used by LME Clear and LME members for calculating margins.

Prompt dates

All prompt dates.

When is it published?

  • LME Provisional Closing Prices from: 16.00 London time
  • LME Closing Prices from: 17.50 (USD) 18.15 (JPY, GBP AND EUR) London time

Currency

USD, EUR, GBP, JPY

Trading day and price points

Trading day and price points London Singapore New York
LMEselect open 01.00
09.00 20.00

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

07.00
15.00
02.00
Stock inventories published
09.00
17.00
04.00
Ring open
11.40
19.40
06.40
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
12.20 - 13.25
20.20 - 21.25
07.20 - 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
Ring close
17.00
00.00
12.00
LME Final Closing Price published from
17.50
00.50
12.50
LMEselect close
19.00
02.00
14.00

Access these prices

LMElive

Historical data

Reports

Distributors

The LME Closing Prices are benchmarks administered by the LME pursuant to the UK Benchmarks Regulation (BMR) (and collectively constitute the LME Closing Prices Benchmark Family).

For more information, please see the Benchmark Regulation page. This page also includes links to the BMR benchmark statement and methodology for the LME Closing Prices.

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