LME Index

LME Index decreased 148.30 points or 3.29% since the beginning of 2022, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, LME Index reached an all time high of 5505.70 in March of 2022. London Metal Exchange Index consists of 6 metals with the following weights: aluminim (42.8%), copper (31.2%), zinc (14.8%), lead (8.2%), nickel (2%) and tin (1%). Weightings of the six metals are derived from global production volume and trade liquidity averaged over the preceding five-year period. The index value is calculated as the sum of the prices for the three qualifying months multiplied by the corresponding weights, multiplied by a constant.

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