The total value of five tons is 200,000. If the margin is 65,438+00%, you must have at least 20,000 yuan to operate primary copper.
Shanghai Futures Exchange cathode copper standard contract
Trading variety cathode copper
Trading unit 5 tons/lot
Quotation bits (RMB)/ton
The minimum price change is 10 yuan/ton.
The maximum fluctuation limit of daily price shall not exceed the settlement price of the previous trading day +4%.
The contract delivery month is1-65438+February.
Trading time: 9: 00 am-165438+0:30 pm-65438+0: 30 pm.
15 on the last trading day of the contract delivery month (postponed in case of legal holidays)
Delivery date: from 16 to 20 of the contract delivery month (postponed in case of legal holidays).
Standard of delivery grade: Standard negative grade copper, in line with national standard GB/T467 ――1997, in which the main component copper with silver content is 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).
Delivery place: delivery warehouse designated by the exchange.
5% of the minimum trading margin contract value
The transaction fee shall not be higher than two ten thousandths of the transaction amount (including risk reserve).
Delivery method physical delivery
Transaction code CU