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Updated on Nov 17,2020
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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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Within ±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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