Transaction type

Cathode copper

Trading unit

5t/hand

Bidder

RMB/ton

minimum price change

10 yuan/ton

Maximum daily price fluctuation limit

Not exceeding the settlement price of the previous trading day + 3%

Contract Month

January December

Transaction time

9:00-11:30 a.m. 1:30-3:00 p.m. Other trading hours specified by the Exchange

Last Notice Day

The 15th day of the contract delivery month (postponed in case of legal holidays)

Closing Date

Contract delivery month 16-20 (postponed in case of legal holidays)

Delivery grade

1) Standard: standard cathode copper, in line with the provisions of the national standard GB/T467-1997 cathode copper, in which the main component copper plus silver content is not less than 99.95%.
2) Alternatives: 1 High purity cathode copper meets the national standard GB/T467-1997 High purity cathode copper.
2. LME registered cathode copper complies with BSEN 1978:1998 standard (cathode copper grade code Cu-CATH-1).

delivery points

Delivery warehouse designated by the Exchange

Minimum transaction margin

5% of contract value

Transaction fees

Not more than 2/10000 of the transaction amount (including risk reserve)

delivery methods

physical settlement

Transaction code

　　CU