LME quarterly report - Q3 2026

Welcome to the LME quarterly report Q3 2026.

The LME quarterly report covers key developments in the base metals market focusing on ADV, price activity and futures open interest.

There is a deep dive into LME trading volumes, electronic liquidity to monthly (3W) contracts and cash-settled futures for ferrous and aluminium premiums. It examines trends in LME options for historic and ATM volatility over the past two years. 

The spotlight focus for Q3 is the LME Steel HRC Shanghai Contract.

Market overview

^{[Click image to open]}

^{[Click image to open]}

^{[Click image to open]}

LME trading volumes by venue

^{[Click image to open]}

^{[Click image to open]}

LME electronic liquidity 

^{[Click image to open]}

7  

Cash and 3 month prompt date checker

^{[Image opens in a new window]}

^{[Click image to open]}

^{[Click image to open]}

^{[Click image to open]}

^{[Click image to open]}

^{[Click image to open]}

LME monthly* contracts

 *3rd Wednesday (3W) contracts

^{[Click image to open]}

^{[Click image to open]}

^{[Click image to open]}

^{[Click image to open]}

^{[Click image to open]}

^{[Click image to open]}

Cash-settled-futures - ferrous and aluminium premiums 

^{[Click image to open]}

^{[Click image to open]}

^{[Click image to open]}

LME options

^{[Click image to open]}

^{[Click image to open]}

^{[Click image to open]}

^{[Click image to open]}

^{[Click image to open]}

Spotlight: LME Steel HRC Shanghai

^{[Image opens in a new window]}

^{[Image opens in a new window]}

^{[Image opens in a new window]}

^{[Image opens in a new window]}

^{[Image opens in a new window]}

^{[Image opens in a new window]}

Contact us

For more information please contact our Global Client Development team.

Contact us