- Where can I find real-time commodity prices?
- On the FT Mercati platform, reserved for subscribers: LME metals with all prompt dates, Milan indexes, alloys, scrap, ferroalloys, energy, freight and currencies, with charts and history, on the web and in the app. The public site shows prices of the previous session. The service can be tried for free.
- Which prices are free on the site?
- The official LME prices of the six base metals for the previous session, in US dollars and euros, with a chart of the latest sessions, plus guides, market news and pages explaining how prices are formed. Prices of the current session are reserved for subscribers.
- What are LME prices?
- They are the prices of the London Metal Exchange, the world reference exchange for copper, aluminium, zinc, nickel, lead and tin. The price that counts for supply contracts is the Official Cash, set every trading day in the midday session and quoted in US dollars per tonne.
- Why is the exchange price different from the price I pay?
- Because the regional physical premium, the conversion into euros, the product shape and the delivery terms are added to the exchange price. For non-ferrous metals and alloys on the Italian market, FT Mercati also publishes the Milan indexes, euro references that include premiums.
- Which exchange rate is used to convert prices into euros?
- The EUR/USD rate recorded at the LME in the same session as the price: never one day's price with another day's rate. It is the rule FT Mercati applies to every conversion on the site and the platform.
- Which commodities does FT Mercati cover?
- LME non-ferrous metals, Milan indexes for metals and alloys, scrap, ferroalloys, steel products, precious metals, electricity and gas, oil, sea freight, currencies, paper and plastics, plus millions of series of fundamental data for Europe, the United States and China.