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Copper Cathode Contract Specifications

Updated on：09-17-2012

Underlying Product Copper Cathode
Trading Unit
5 ton/lot
Quotation Unit
Yuan (RMB)/ton
Tick Size
 10 Yuan/ton
Daily Price Limit
 Within range of 3% above or below the settlement price of the previous trading day
Contract Months
 January to December
Trading Hours
9:00 am to 11:30 am, 1:30 pm to 3:00 pm
Last Trading Day
 The 15th day of the spot month (If it is a public holiday, the last trading day shall be the immediately succeeding business day)
Delivery Duration
16th to 20th day of the spot month (postponed if legal holidays)
Deliverable Grades
Standard goods:Standard Copper Cathode, GB/T467-1997, Copper+Silver≥99.95%
Substitutions:1.High grade Copper,GB/T467-1997
1.The LME Registered Brand,BS6017-1981,AMD5725(CU-CATH-1)
Delivery Sites
Certified Delivery Warehouse
Minimum Transaction Margin
5% of contract value
Transaction Fee
 Equal or below 0.02% of transaction value (risk reserve included)
Delivery Method
Physical Delivery
Trading Code CU
Listed Bourse
SHFE
Attachment