What is international copper futures?
The overall design idea of international copper futures is to list the international copper futures of the previous issue in a specific variety mode on the basis of keeping the copper futures of the previous issue unchanged, that is, the "double contract" mode, which is the first international futures contract operating in the "double contract" mode in China. International copper adopts the mode of "international platform, net price trading, bonded delivery and RMB pricing", and fully introduces foreign traders to participate.
The relevant rules of international copper futures contracts are as follows:
Quotation unit: Yuan (RMB)/ton (the transaction quotation is the price excluding tax).
Lowest price change: 10 yuan (RMB)/ton.
Price limit range: 3% of the settlement price of the previous trading day.
Contract months: 65438+ 10, February, March, April, May, June, July, August, September, 65438+ 10, 165438+ 10.
Trading hours: 9: 00 a.m.-165438+ 0: 30 p.m., 65438+0:30-3:00 p.m. and other trading hours specified by Shanghai International Energy Trading Center.
Last trading day: 15 of the delivery month (postponed in case of national statutory holidays and rest days; Shanghai International Energy Trading Center can adjust the last trading day according to national statutory holidays and rest days)
Delivery date: five consecutive trading days after the last trading day.