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Copper Cathode Contract Specifications
| Underlying Product |
Copper Cathode |
Trading Unit
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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
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9:00 am to 11:30 am, 1:30 pm to 3:00 pm |
Last Trading Day
|
The 15th day of the spot month (postponed if legal holidays) |
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+Silver99.95%
Substitutions:1.High grade Copper,GB/T467-1997
1.The LME Registered Brand,BS6017-1981,AMD5725(CU-CATH-1) |
Delivery Sites
|
SHFE approved warehouses |
Minimum Transaction Margin
|
5% of contract value |
Transaction Fee
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Equal or below 0.02% of transaction value (risk reserve included) |
Delivery Method
|
Physical Delivery |
| Symbol |
CU |
Listed Bourse
|
SHFE |
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