Copper futures are futures products with copper as the subject matter, which are listed on the Shanghai Stock Exchange. Trading code-CU copper is an important industrial raw material, and its demand is closely related to the economic situation. For a long time, because China is a big country with insufficient copper resources, it has always adopted the policy of "lenient entry and strict exit" in import and export. The average import tax rate of copper and copper products is 2%. In recent two years, with the progress of global economic integration, the country has gradually reduced export tariffs, and copper can basically be imported and exported freely, thus making domestic and foreign copper prices interact.

The content of this article comes from People's Republic of China (PRC) Financial Code: Application Edition by China Law Publishing House.