Announcement on the correction of publishing date of SMM Copper Concentrate Index on 1st Jan, 2021 to 31st Dec, 2020

Published: Jan 21, 2021 16:50

Save

Dear subscribers,

We have to apologize for mistaking in publishing SMM Copper Concentrate Index on 1st Jan,2021 due to technical issue, which caused Index published on 31st Dec,2020 shown as published on 1st Jan,2021.

According to the methodology of SMM Copper Concentrate Index, SMM copper concentrate Index is officially published on working Friday, or the last trading day of the week if Friday is Chinese public holiday.

We are declaring officially to correct the publishing date of SMM Copper Concentrate Index(weekly) from 1st Jan,2021 to 31st Dec,2020 by following SMM pricing compliance requirement.

Once again, we are truly sorry for any inconvenience caused.

Methodology of SMM Copper Concentrate Index attached

iosco

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

SHFE/LME Price Ratio Declines, Premiums Weaken Slightly, Market Watchers in Majority [SMM Yangshan Copper Spot]

1 hour ago

2 hours ago

High copper prices curb demand, suppliers hold prices firm to push up North China spot copper premiums [SMM North China Spot Copper]

In North China, spot #1 copper cathode prices against the front-month contract were quoted at an average premium of 70 yuan/mt to 140 yuan/mt, with the average premium at 105 yuan/mt, an increase of 20 yuan/mt from the previous trading day. The average transaction price was 105,890 yuan/mt, up 75 yuan/mt from the previous trading day.

2 hours ago

Downstream demand remained weak at the beginning of the month, and suppliers had to continuously cut prices to sell [SMM South China Spot Copper].

2 hours ago