Copper futures contracts with cathode copper as the subject matter launched by Shanghai Futures Exchange are widely used in wire and cable, automobiles, household appliances and other fields. The copper futures price and the spot copper price have the same trend, rising and falling together. Because of its price discovery function, spot operators such as Jiangxi Copper and Yunnan Copper. , are very concerned about the trend of futures prices, but also can take hedging to avoid the risk of copper spot operation.

The trading unit of cathode copper standard contract is 5 tons per lot and the delivery unit is 25 tons per warehouse receipt. Delivery must be an integer multiple of each warehouse receipt.