LME

The LME is the London Metal Exchange, started in a coffee house in 1877, where copper, aluminium, nickel and zinc are priced in dollars per tonne. Its warehouse stocks are public every day, and in March 2022 it cancelled a day of nickel trades. Module 2; base metals on Mochatrade.

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On MochatradeSee what you can trade on Mochatrade
  • CopperCopper is the industrial metal priced three ways: LME in dollars per tonne, COMEX in cents per pound, Shanghai in…
  • AluminiumAluminium is the light industrial metal whose production is mostly electricity, so its price is partly a power price.…
  • Troy ounceA troy ounce is 31.1035 grams, the unit gold, silver, platinum and palladium are priced in, about 10% heavier than an…
  • Silver futuresSilver futures are contracts on silver, mainly on COMEX in dollars per troy ounce. More than half of silver goes into…
  • Commodity tradingCommodity trading is buying and selling the price of raw materials like gold, oil, gas and copper, almost always…
  • Pre-IPO stocksPre-IPO stocks are shares of private companies before they list, priced in private funding rounds with no public order…

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.

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