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.)
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 designated by INE
Minimum Trading Margin
5% of contract value
Shanghai International Energy Exchange (INE)
Standard Delivery Procedure involves a five-day delivery procedure.
Delivery Fees for Copper
The buyer and the seller involved in a physical delivery need to each pay a delivery fee at the rate of 2 yuan/metric ton to the Exchange. From the date of listing to January 8, 2021, the delivery fee is temporarily waived.
*For most accurate and up-to-date information, please refer to the respective exchange’s website.