Copper(CU)
Product | Copper cathode |
Contract Size | 5 tons/lot |
Price Quotation | (RMB) Yuan/ton |
MinimumPrice Fluctuation | 10 Yuan/ton |
Daily Price Limit | Within 3% above or below the settlement price of the previous trading day |
Contract Series | Monthly contract of the recent 12 months from January to December |
Trading hours | 9:00 a.m.-11:30 a.m., 1:30 p.m.-3:00 p.m., and other trading hours as prescribed by SHFE |
Last Trading Day | The 15th day of the delivery month (If it is a public holiday, the Last Trading Day shall be the 1st business day after the holiday.) |
Delivery Period | 5 consecutive business days after the last trading day |
Grade and Quality Specifications | Standard products: 1# Standard Copper Cathode (Cu-CATH-2) as prescribed in the National Standard of GB/T467-2010, with Copper+Silver≥99.95%. Substitutions: Grade-A Copper (Cu-CATH-1) as prescribed in the National Standard of GB/T467-2010; or Grade-A Copper (Cu-CATH-1) as prescribed in BS EN 1978:1998 |
Delivery Venue | SHFE Certified Delivery Warehouse |
Minimum Trade Margin | 5% of contract value |
Transaction Fee | Equal or below 0.02 % of transaction value (Risk reserve included) |
Settlement Type | Physical Delivery |
Contract Symbol | CU |
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