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London Metal Exchange (LME)
The London Metal Exchange is the world’s premier non-ferrous metals market. It offers futures and options contracts for aluminium, copper, nickel, tin, zinc and lead plus two regional aluminium alloy contracts..
Investors interested in tracking base metal prices should go no further than the London Metal Exchange (www.lme.com). The LME is the world’s largest non-ferrous metal exchange, which manages over $2 trillion worth of traded contracts annually. The LME publishes inventory charts for 3 months to 27 months on base metals, which is a handy gauge for what speculators and hedgers are thinking. For instance, if the 3-month price is less than the cash price then the expectation for the base metal in question is that it’s headed for a price fall. Another popular website for base metals is www.kitcometals.com and for precious metals, www.kitco.com..
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