QUOTE AND NEWS
Bloomberg  Apr 1  Comment 
Copper futures, little changed in New York, may rise for the third time in four sessions on speculation that China will stoke its economy after a gauge of manufacturing touched an eight-month low.
Financial Times  Mar 11  Comment 
Copper is continuing to take a pummelling, with Shanghai traded futures in the metal falling by their daily limit
Commodity Online  Jan 5  Comment 
Copper witnessed stiff resistance on the higher side at Rs 450 per kg, which led a decline in prices for four consecutive months that accounted for a loss of more than 17% during the period. Prices bottomed to Rs 366 per kg in the month of May.
The Hindu Business Line  Jan 4  Comment 
Copper (Rs 465.5) The MCX copper futures contract is not gaining momentum to rise above Rs 474. Supports are at Rs 462 and at Rs 459 which may be tested in the coming week. The con...
The Economic Times  Dec 19  Comment 
At the MCX, copper for delivery in April next year declined by 45 paise, or 0.10 per cent to Rs 466.45 per kg in business turnover of 113 lots.




 
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COMEX Copper futures are traded on the COMEX division of the NYMEX under ticker symbol HG in U.S. cents per pound.[1]

The chart at left shows front-month copper prices on the Commodities Exchange (COMEX) in U.S. cents per pound.

Delivery Dates

COMEX Copper futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November, and December (all months).[1]

The following is a table with COMEX Copper futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.

Delivery Month Full Ticker Symbol Thomson-Reuters Symbol
January, 2009HGF9HG/F9-NC
February, 2009HGG9HG/G9-NC
March, 2009HGH9HG/H9-NC
April, 2009HGJ9HG/J9-NC
May, 2009HGK9HG/K9-NC
June, 2009HGM9HG/M9-NC
July, 2009HGN9HG/N9-NC
August, 2009HGQ9HG/Q9-NC
September, 2009HGU9HG/U9-NC
October, 2009HGV9HG/V9-NC
November, 2009HGX9HG/X9-NC
December, 2009HGZ9HG/Z9-NC

Contract Specifications

Contract Size

One COMEX Copper futures contract on the COMEX division of the NYMEX is 25,000 pounds.[1]

Tick Value

Price changes are registered in multiples of five one-hundredths of one cent (0.05¢ or $0.0005) per pound, equivalent to $12.50 per contract. A fluctuation of one cent (1¢ or $0.01) is equivalent to $250 per contract.[1]

Daily Price Limit

None.[1]

Trading Hours

  • On the CME Globex electronic platform: 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM, New York Time.[1]
  • Open Outcry (pit session): 8:10 AM until 1:00 PM, New York Time.[1]

Last Trading Day

Trading terminates at the close of business on the third to last business day of the maturing delivery month.[1]

Deliverable Grades

Grade 1 electrolytic copper conforming to the specification B115 as to chemical and physical requirements, as adopted by the American Society for Testing and Materials, and of a brand approved and listed by the Exchange.[1]

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 The COMEX division of the NYMEX's contract specification for COMEX Copper futures
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