Shanghai Futures Exchange approves Jinchuan Group's 'JNMC' grade A copper for futures delivery
According to 36Kr, the Shanghai Futures Exchange announced that Jinchuan Group Co., Ltd. (subsidiary Jinchuan Group Yongchang Copper Co., Ltd.)'s "JNMC" Grade A copper (Permanent Cathode-K) is registered for futures delivery with a registered capacity of 400,000 tons and an execution standard price, and may be used for fulfillment of cathode copper futures contracts. The approval allows use of the product for delivery from the date of the announcement.
Key facts
- 01Registration of JNMC Grade A copper (Permanent Cathode-K) on SHFE.
- 02Registered capacity is 400,000 tons.
- 03Product can be used for delivery against cathode copper futures contracts.
- 04Approval is effective from the date of the announcement.
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