The copper price of Shanghai nonferrous metal net is almost 28,000 yuan, but it can't be bought. What happened?

You can buy copper in the futures market.

Your company will set up a legal person customer in the futures company, and then buy copper in the futures market (sign a contract to buy copper), and you can get copper by the delivery date.

At present, the copper delivered in June+February in 5438 is 27,600 yuan per ton, and the copper delivered in July 2009 is 23,000 yuan per ton.

There are many warehouses all over the country that can deliver goods. Please have a look:/shfe/upload/dir _ 2007921/9279 _ 2007921.htm.

Shanghai Futures Exchange cathode copper standard contract

Trading variety

electrolytic copper

Trading unit

5 tons/hand

Quotation unit

Yuan (RMB)/ton

Minimum variable price

10 yuan/ton

Maximum daily price fluctuation limit

Not exceeding the settlement price of the previous trading day +4%

Contract delivery month

1-65438+ February

trading hour

9: 00 am-165438+0: 30 pm-3: 00 pm

last trading day

Contract delivery month 15 (postponed in case of legal holidays)

delivery date

16 to 20th of the contract delivery month (postponed in case of legal holidays)

Delivery grade

Standard product: standard negative grade copper, which conforms to the national standard GB/T467 ――1997, in which the main components of copper and silver are not less than 99.95%.

Substitution: 1, advanced cathode copper, conforming to the national standard GB/T467- 1997 advanced cathode copper;

2.LME registered the negative grade copper in accordance with BS EN 1978: 1998 standard (negative grade copper grade number Cu-CATH- 1).

place of delivery

Exchange designated delivery warehouse

Minimum trading margin

5% of the contract value

transaction cost

Not more than two ten thousandths of the transaction amount (including risk reserve)

Mode of delivery

Actual delivery

Event code

Cambridge University (Cambridge University)