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Trading Screen Product Name
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Copper LME
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Commodity Code
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LDKZ / CAD
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Contract Size
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25 ton / lot
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Price Quotation
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USD / ton
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Contrac Type
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3-Month
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Contract Series
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Listed daily
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Trading Hours
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Monday - Friday
07:00 A.M - 01:00 A.M (the next day) |
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Minimum Price Fluctuation
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0.50 USD / ton
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Maturity Day
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90 days forward the listed day
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Last Trading Day
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One business day prior to Maturity Day
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Margin
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As MXV required
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Position Limit
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As MXV required
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Price Limit
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As MXV required
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Settlement Method
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Deliverable
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Quality Standards
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Standards are detailed below
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Grade A copper must conform to the chemical composition of one of the following standards:
a. BS EN 1978:1998 - Cu-CATH-1
b. GB/T 467-2010 - Cu-CATH-1
c. ASTM B115-10 - cathode Grade 1
Deliverable under the shape of Cathodes, with a tolerance of +/-2%
All copper deliverable against LME contracts must be of an LME-approved brand
Quality: BS EN 1978:1998 Copper Cathodes (Cathode grade designation Cu-CATH-1)
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Element
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Composition, % maximum
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Cu
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-
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Ag
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0.0025
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As
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0.0005 (1)
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Bi
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0.00020 (2)
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Cd
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(1)
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Co
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(3)
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Cr
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(1)
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Fe
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0.0010 (3)
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Mn
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(1)
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Ni
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(3)
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P
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(1)
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Pb
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0.0005
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S
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0.0015 (4)
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Sb
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0.0004 (1)
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Se
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0.00020 (2)
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Si
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(3)
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Sn
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(3)
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Te
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0.00020 (2)
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Zn
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(3)
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Sum of elements listed in this table class='uk-table' other than Cu
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0.0065
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1) (As + Cd + Cr + Mn + P + Sb) maximum 0.0015%
2) (Bi + Se + Te) maximum 0.0003%, of which (Se + Te) maximum 0.00030%
3) (Co + Fe + Ni + Si + Sn + Zn) maximum 0.0020%
4) The Sulphur content shall be determined on a cast sample
Quality: GB/T 467-2010 Copper Cathode (High-Purity Copper Cathode (Cu-CATH-1)
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Element Group
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Impurity Element
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Content, not more than
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Total content of element group, not more than
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1
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Se
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0.00020
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0.00030
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0.00030
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Te
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0.00020
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Bi
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0.0020
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2
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Cr
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-
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0.0015
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Mn
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-
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Sb
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0.0004
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Cd
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-
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As
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0.0005
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P
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-
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3
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Pb
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0.0005
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0.0005
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4
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S
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0.0015
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0.0015
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5
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Sn
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-
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0.0020
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Ni
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-
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Fe
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0.0010
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Si
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-
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Zn
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-
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Co
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-
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6
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Ag
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0.0025
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0.0025
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Where the total content of the impurity elements listed
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0.0065
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Quality: ASTM B115-10 Standard Specification for Electrolytic Copper Cathode (Cathode Grade 1)
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Element
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Composition, % maximum
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Group Total, % maximum
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Se
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0.0002
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0.0003
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Te
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0.0002
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Bi
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0.00010
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Sb
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0.0004
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Pb
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0.0005
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As
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0.0005
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Fe
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0.0010
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Ni
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0.0010
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Sn
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0.0005
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S
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0.0015
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Ag
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0.0025
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Maximum allowable total
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0.0065
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