CME COMEX: CUP Copper Premium Grade A CIF Shanghai (Metal Bulletin) Futures prices chart

Copper Premium Grade A CIF Shanghai (Metal Bulletin) Futures (CME COMEX: CUP) Contract Specifications

Product Code: CME Globex: CUP, CME ClearPort: CUP, Clearing: CUP

Contract Unit: 25 metric tons
Price Quotation: U.S. dollars and cents per metric ton
Minimum Price Fluctuation: 0.25 per metric ton = $6.25
Settlement Method: Financially Settled

Listed Contracts: Monthly contracts listed for 18 consecutive months.

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

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)