Copper Cathode Futures ContractCopper Cathode Futures Contract • November 16th, 2020
Contract Type FiledNovember 16th, 2020Product Copper cathode Contract Size 5 metric tons (MT)/lot Price Quotation Yuan (RMB) /MT (exclusive of tax and customs duty) Minimum Price Fluctuation 10 Yuan/metric ton Daily Price Limit Within ±3% of the settlement price of the preceding trading day Listed Contracts January, February, March, April, May, June, July, August, September, October, November, and December Trading Hours 9:00–11:30 a.m., 1:30–3:00 p.m., and other trading hours prescribed by Shanghai International Energy Exchange (INE) Last Trading Day 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.) Delivery Period Five consecutive trading days after the last trading day Grades and Quality Specifications 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. Delivery Venue Delivery venue designated by INE