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GFMS base metal index is an index based on the official LME cash settlement price for primary aluminum, copper, lead, nickel, tin and zinc. The index is an average of the six prices with equal weighting given to each of the six metals. The index is based on January 4th 2000 = 100.

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Ongoing financial reports are usually calculated by an index. in developing an index what is the most important to do?

select a base year