Warrant banding

Published daily, but containing data three days in arrears, the warrant banding report shows the number of market participants with a concentration of LME warrants.

The number of market participants are displayed by metal and across five bands: 30 - <40%, 40 - <50%, 50 - <80%, 80 - <90%, 90 - 100%.

The report also displays the percentage of the total live stock that remains unreported for each metal. This occurs when warrants are not held with a Member, or held on behalf of another party by an LME member.

The denominator of this ratio – live stock – represents LME live warrants and does not include holdings of metal where the warrant has been cancelled or not yet placed on warrant.

Please note that the holdings indicated in this table may no longer be held.

Contact us

For further information please get in touch.

Contact us


Stay up to date

Register with LME.com

Receive full access to all our price data and gain access to our monthly LME newsletter, packed with market tips and insights from our on-staff specialists.