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What does Shanghai Copper mean?
Shanghai copper refers to the copper futures products of Shanghai Futures Exchange.

Copper futures are futures varieties with copper as the subject matter. They are listed on the Shanghai Stock Exchange with the trading code "CU". Futures are mainly not commodities, but some popular products.

Futures market first appeared in Europe. As early as ancient Greece and Rome, there were central trading places, bulk barter transactions, and trading activities with the nature of futures trade. The original futures trading was developed from spot forward trading. The first modern futures exchange 1848 was established in Chicago, USA, and 1865 established a standard contract model.