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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