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保税铜期货40问2021版——What quality specifications should the deliverables of bonded copper futures meet?

时间:2025-06-19

The deliverables of international copper futures should 


meet the specifications for Grade-A (Cu-CATH-1) set 


out in GB/T 467-2010 or CR001A (Cu-CATH-1) in BS 


EN 1978:1998.


Tolerance and pound difference for each standard 


warrant should not exceed ±2% and ±0.1% respectively. 


Copper cathodes underlying each standard warrant 


must be: (1) of the same manufacturer, grade, 


registered brand, quality grade, and shape, and 


secured into bundles of similar weight; and (2) of 


an INE-registered brand or SHFE-registered brand 


recognized by INE, accompanied by quality certificates. 


Standard warrants are issued after the commodities 


pass the inspection of the Designated Delivery Storage 


Facilities of INE.


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