Trading varieties

Cathode copper

Trading unit

5 tons/lot

Quotation unit

Yuan (RMB)/ton

Minimum price change

10 yuan/ton

Maximum daily price fluctuation limit

No more than ±3% of the settlement price of the previous trading day

Contract delivery month

January to December

Trading hours

Morning 9:00-11:30 1:30-3:00 pm

Last trading day

The 15th of the contract delivery month (extended in case of statutory holidays)

Delivery date

Five consecutive working days after the last trading day

Delivery grade

Standard product: standard cathode copper, in line with the national standard GB/T467-1997 standard cathode Copper stipulates that the main component copper plus silver content is not less than 99.95%.

Substitutes: high-purity cathode copper, complying with the national standard GB/T467-1997 high-purity cathode copper requirements; or BSEN1978:1998 high-purity cathode copper requirements.

Delivery location

Exchange designated delivery warehouse

Minimum trading margin

5% of the contract value

Transaction fee

No more than two ten thousandths of the transaction amount (including risk reserve)

Delivery method

Physical delivery

Trading Code

CU

Listed Exchange

Shanghai Futures Exchange