Copper premium swap launch due for Shanghai free trade zone

Shanghai Clearing House product launch a global first

Copper tubes

Shanghai Clearing House (SCH) will launch the first copper premium swap in the Shanghai free trade zone by the end of the year. The instrument can be used to hedge fluctuations in copper premium based on the London Metal Exchange (LME) copper price, according to Han Xun, innovative products developer at SCH in Shanghai.

The swap will be a monthly contract, traded in units of five tonnes. It is likely to be denominated both in renminbi and dollars, as part of the house's efforts to facilitate

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: