|
Product |
Copper Cathode |
|
Contract Size |
5 metric tons/lot |
|
Price Quotation |
Yuan (RMB)/metric ton |
|
Minimum Price Fluctuation |
10 Yuan/metric ton |
|
|
Within 3% of the settlement price of the preceding trading day |
|
Listed Contracts |
Monthly contract for the most recent 12 months |
|
Trading Hours |
9: |
|
Last Trading Day |
15th day of the contract month (postponed accordingly if it is a legal holiday in |
|
Delivery Period |
Two consecutive business days after the last trading day |
|
Grade and Quality Specifications |
Copper Cathode, Grade A copper (Cu-CATH-1) as prescribed in National Standard GB/T 467-2010; or Grade A copper (Cu-CATH-1) as prescribed in BS EN 1978:1998. |
|
Delivery Venue |
SHFE-designated delivery storage facilities |
|
Minimum Trade Margin |
5% of contract value |
|
Settlement Type |
Physical delivery |
|
Delivery Unit |
25 metric tons |
|
Contract Symbol |
CU |
|
Listing Exchange |
Shanghai Futures Exchange |
Notes: Amended as per SQBF〔2023〕No. 2

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