COPPER PREMIUM GRADE A CIF SHANGHAI (METAL BULLETIN) FUTURES - CONTRACT SPECS
| Contract Unit | 25 metric tons | ||||
| Price Quotation | U.S. dollars and cents per metric ton | ||||
| Trading Hours | Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET) | ||||
| Minimum Price Fluctuation | 0.25 per metric ton = $6.25 | ||||
| Product Code | CME Globex: CUPCME ClearPort: CUPClearing: CUP | ||||
| Listed Contracts | Monthly contracts listed for 18 consecutive months. | ||||
| Settlement Method | Financially Settled | ||||
| Floating Price | The Floating Price for each contract month shall be equal to the arithmetic average calculated to two decimal places of each available daily midpoint of the Copper Grade A cathode, cif Shanghai, $/tonne for that given calendar month published by Fastmarkets MB. | ||||
| Termination Of Trading | Trading terminates on the last business day of the contract month | ||||
| Position Limits | COMEX Position Limits | ||||
| Exchange Rulebook | COMEX 972 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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