Not the same, although they are all copper investment products. But there are great differences in many transaction details:

1, spot copper's minimum price change unit is 1 yuan/ton, while futures copper is 10 yuan/ton, so spot copper's quotation is more accurate;

2. Futures copper has a daily maximum fluctuation limit, that is, the price limit, and spot copper does not exist;

3. Futures copper can no longer be held after the expiration of the month and must be delivered, which is not the case in spot copper;