Basic principles for the preparation of non-ferrous metal indices

What is the previous non-ferrous metal index?

The "Imperial Metal Commodity Index (IMCI)" is the full name of the "Shanghai Futures Exchange All-Metal Futures Price Index" and is the first exchange comprehensive non-ferrous metal segment commodity index issued by the Shanghai Futures Exchange (SHFE). .

What are the goals for the preparation of the non-ferrous metals index in the previous period?

The non-ferrous metals index of the previous period set the goals of scale and investment. The scale requirement means that the non-ferrous metal futures price index can reflect the overall price change of the non-ferrous metals industry. The investment requirement is that the index can be used as an evaluation standard for investment performance and provide basic conditions for indexed investment and index derivative product innovation.

What is the principle of compiling the non-ferrous metals index in the previous period?

The previous non-ferrous metals index fully considered the three basic principles of liquidity, continuity, and resistance to manipulation. The principle of liquidity refers to the fact that large-scale investments will not cause major changes in the value of commodity indices, thereby minimizing the transaction costs of commodity index investments. The principle of continuity means that the commodity index can both reflect changes in the market while maintaining the comparability with historical data. The anti-handling principle requires that the key parameters of the product index in the design are not easily manipulated by humans, and that the index data can reflect the objective situation.

What are the futures varieties that have been selected as the underlying non-ferrous metals index in the previous period?

The previous non-ferrous metals index selected four futures varieties of copper, aluminum, zinc, and lead listed on the Shanghai Futures Exchange as component goods. China is a major producer and consumer of non-ferrous metals. After years of development, all futures trading in Shanghai Futures Trading has become China's most mature and most influential commodity futures sector. Non-ferrous metal futures have high spot coverage. The output of copper, aluminum, zinc and lead accounted for more than 97% of the total output of the non-ferrous metals industry. In 2013, the non-ferrous metals futures market operated steadily. The turnover of Shanghai non-ferrous metal futures contracts totaled more than 150 million, with a turnover of 35.8 trillion yuan.

What are the main basis for the selection of futures varieties for the non-ferrous metals index in the previous period?

As an important part of the global non-ferrous metals market, our non-ferrous metal futures prices have been integrated into the global non-ferrous metal market pricing system. The international influence of prices has been increasing year by year. China, as the world's largest producer and consumer of non-ferrous metals, has the right pricing right. Improve it.

At present, the domestic lack of effective inflation risk management tools. At the same time, investors have strong demand for resisting inflation risks. Through empirical research, non-ferrous metals have a certain correlation with inflation. Therefore, giving priority to the development of non-ferrous metals industry index is a good entry point.

Manicure Set

Manicure Kit,Manicure Set,Dental Composite Kit,Pedicure Tools

YANGJIANG TRI-WIN INDUSTRY & TRADE CO.,LTD , https://www.triwintableware.com

This entry was posted in on