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Encyclopedia > Shanghai Metal Exchange

Shanghai Metal Exchange (SHME), one of the national level stock exchanges of China, was established on 28 May 1992. The exchange was created for trading in non ferrous metals, and currently contracts for several non-ferrous metals, including copper, aluminum, lead, zinc, tin and nickel can be traded through this exchange. May 28 is the 148th day of the year in the Gregorian calendar (149th in leap years). ... 1992 is a leap year starting on Wednesday of the Gregorian calendar. ... In chemistry, a metal (Greek: Metallon) is an element that readily forms ions (cations) and has metallic bonds, and it is sometimes said that it is similar to a cation in a cloud of electrons. ... General Name, Symbol, Number copper, Cu, 29 Chemical series transition metals Group, Period, Block 11 , 4, d Density, Hardness 8920 kg/m3, 3. ... General Name, Symbol, Number aluminium, Al, 13 Chemical series poor metals Group, Period, Block 13 (IIIA), 3, p Density, Hardness 2700 kg/m3, 2. ... General Name, Symbol, Number Lead, Pb, 82 Chemical series Poor metals Group, Period, Block 14(IVA), 6 , p Density, Hardness 11340 kg/m3, 1. ... General Name, Symbol, Number zinc, Zn, 30 Chemical series transition metals Group, Period, Block 12, 4, d Density, Hardness 7140 kg/m3, 2. ... General Name, Symbol, Number tin, Sn, 50 Chemical series poor metals Group, Period, Block 14 (IVA), 5, p Density, Hardness 7310 kg/m3, 1. ... General Name, Symbol, Number nickel, Ni, 28 Chemical series transition metals Group, Period, Block 10 , 4, d Density, Hardness 8908 kg/m³, 4. ...

SHME is located in Shanghai, and its geographical location bridges the time gap between London Metal Exchange and New York markets, and enables the traders across the world to have a round the clock access to futures of non-ferrous metals. Physical map of the Earth (Medium) (Large 2 MB) Geography is the scientific study of the locational and spatial variation in both physical and human phenomena on Earth. ... The London Metal Exchange or LME is the worlds largest market in cash and futures in base and other metals. ... A futures contract is a form of forward contract, a contract to buy or sell an asset of any kind at a pre-agreed future point in time, that has been standardised for a wide range of uses. ...

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A commodities exchange is an exchange where various commodities and derivatives products are traded.
Most commodity markets across the world trade in agricultural products and other raw materials (like wheat, barley, sugar, maize, cotton, cocoa, coffee, milk products, pork bellies, oil, metals, etc.) and contracts based on them.
Commodities exchanges, usually trade futures contracts on commodities.
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