Copper Premium Grade A CIF Shanghai (Metal Bulletin)
Futures
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: CUP CME ClearPort: CUP Clearing: 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 | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
