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updated on:nov 17,2020
product
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copper cathode
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contract size
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5 metric tons (mt)/lot
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price quotation
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yuan (rmb) /mt (exclusive of tax and customs duty)
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minimum price fluctuation
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10 yuan/metric ton
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daily price limit
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3% of the settlement price of the preceding trading day
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listed contracts
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january, february, march, april, may, june, july, august, september, october, november, and december
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trading hours
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9:00–11:30 a.m., 1:30–3:00 p.m., and other trading hours prescribed by shanghai international energy exchange (ine)
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last trading day
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the fifteenth day of the delivery month (postponed accordingly if it is a national holiday or weekend. ine reserves the right to adjust the last trading day based on national holidays and weekends.)
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delivery period
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five consecutive trading days after the last trading day
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grades and quality specifications
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copper cathodes meeting the standards for grade a copper (cu-cath-1) under gb/t 467-2010 or cu-cath-1 under bs en 1978:1998.
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delivery venue
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delivery venue designated by ine
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minimum trading margin
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5% of contract value
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settlement type
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product symbol
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bc
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listing exchange
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shanghai international energy exchange (ine)
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