Shanghai Metals Market Price Assessment Methodology-Spot EQ Copper (bill of lading cif)_SMM
Shanghai Metals Market (“SMM”) is an independent service provider that does not participate in trades. SMM is a market observer that engages buyers and sellers in the commodities market. By consulting with industry independent participants, SMM drafts the methodology, examines and revises it regularly based on the specifications and terms of trade that are generally used in the market, with equal weighting given to transactions that meet the standards.
Source: metal.com
