London Metal Exchange (LME)

The London Metal Exchange (LME) is a global marketplace where individuals and companies buy and sell metals like copper, aluminum, zinc, and nickel. It provides a platform for trading contracts that specify the quantity and price of metals to be delivered later, helping businesses manage price risks. The LME also sets benchmark prices used worldwide and offers a transparent, regulated environment for metal trading. Its activities influence metal prices globally and support industries that rely on these essential materials.