（SMMI）Shanghai nonferrous Metals price Index

SMMI reflects the overall situation, industry climate index and price trends of China’s nonferrous metals markets in a comprehensive and objective manner. SMMI serves as an important barometer for enterprises in the non-ferrous metals and other related industries to make production plans and develop marketing strategies; SMMI provides the government with an effective approach to monitoring and managing domestic nonferrous metals markets, as well as an important player in drafting relevant regulatory policies; SMMI gives a helpful reference for investors, from both domestic and overseas futures and security markets to make investment decision; In the future, SMMI can be launched as one financial derivative, and its significance will exceed any other general metal index.

SMMI Historical Index

lndicator lndex Change Change Rate SMMI 2287.56 17.7 0.78% SMMI.Cu 3373.39 33.05 0.99% SMMI.Al 1059.19 3.15 0.3% SMMI.Pb 3354.5 31.75 0.96% SMMI.Zn 1987.5 18.75 0.95% SMMI.Sn 3183.78 16.21 0.51% SMMI.Ni 2025.32 0 0%

SMMl Benchmark Prices

Products Average(RMB/mt) Change(RMB/mt) DD/MM #1 Refined Copper 56150 550 29/07 A00 Aluminum Ingot 15120 45 29/07 #1 Lead Ingot 15850 150 29/07 #0 Zinc Ingot 15900 150 29/07 #1 Tin Ingot 147250 750 29/07 #1 Refined Nickel 160000 0 29/07

SMMl Trends

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SMMI.CuSMMI.AlSMMI.PbSMMI.ZnSMMI.SnSMMI.Ni