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How to calculate the copper premium of Shanghai futures? Based on the contract in August, June 20th, please specify, thank you!
On June 20th, the settlement price of Shanghai Copper 1 109 contract was 67,540 yuan. If the spot price is 68040, it means that the spot premium has increased to 500 yuan. If the spot price is 67040, it means that the spot discount is 500 yuan. Price increases and discounts are relative to futures prices.
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