SMM Taps Interest for More Premium Pricing Products at LME's Week Asia Exhibition-Shanghai Metals Market

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SMM Taps Interest for More Premium Pricing Products at LME's Week Asia Exhibition

Feature 10:13:06AM Jun 28, 2013 Source:SMM
SHANGHAI, June. 28 (SMM) - Shanghai Metals Market (SMM) tapped interest for more of its premium pricing products while exhibiting on invitation at London Metal Exchange (LME)’s first Week Asia in Hong Kong.
 
At SMM’s exhibition booth on Tuesday, June 25, market participants from across base metals industry from both home and abroad expressed strong interest for its premium pricing products.
 
In cooperation with Yangshan Free Trade Port Area, SMM launched in March its Yangshan copper premium which is collected and assessed daily.
 
Market participants, apart from closely following SMM’s copper premium, expressed interest for its possible premium pricing of other base metals.
 
SMM has been developing its spot-based pricing products in proper order. Specific items, which cannot be disclosed at this stage, will pertain to import features of Shanghai customs.  

Price

more
#1 Refined Cu
Oct.16
46915.0
-70.0
(-0.15%)
Aluminum Ingot
Oct.16
13880.0
110.0
(0.80%)
#1 Lead
Oct.16
16850.0
25.0
(0.15%)
0# Zinc
Oct.16
19000.0
-110.0
(-0.58%)
#1 Tin Ingot
Oct.16
138250.0
1250.0
(0.91%)

SMM Taps Interest for More Premium Pricing Products at LME's Week Asia Exhibition

Feature 10:13:06AM Jun 28, 2013 Source:SMM
SHANGHAI, June. 28 (SMM) - Shanghai Metals Market (SMM) tapped interest for more of its premium pricing products while exhibiting on invitation at London Metal Exchange (LME)’s first Week Asia in Hong Kong.
 
At SMM’s exhibition booth on Tuesday, June 25, market participants from across base metals industry from both home and abroad expressed strong interest for its premium pricing products.
 
In cooperation with Yangshan Free Trade Port Area, SMM launched in March its Yangshan copper premium which is collected and assessed daily.
 
Market participants, apart from closely following SMM’s copper premium, expressed interest for its possible premium pricing of other base metals.
 
SMM has been developing its spot-based pricing products in proper order. Specific items, which cannot be disclosed at this stage, will pertain to import features of Shanghai customs.