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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.

Since 2001, Insignia Futures & Options has been providing commodity futures brokerage services to investors from all over the world.

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