Copper Futures Contract
Copper futures are one of the most widely traded futures contracts for this ubiquitous base metal. As the third-most used metal, it is prevalent in construction, circuitry, consumer and industrial products. As a relatively low-cost, malleable, optimal conductor of heat and electricity, copper is seen as an important indicator of the health of the global manufacturing sector and the world economy.
Contract Unit
25,000 pounds
Futures Contract
Symbol
CME Globex: HG
Trading Hours
CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).
Minimum Price
Fluctuation
0.0005 per pound = $12.50
Contract Months
All 12 months
Settlement Method
Deliverable
Price Limit / Circuit
Source: CME Group
The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.
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