- QUALITY STANDARDS
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Grade A copper must conform to the chemical composition of one of the following standards:
a. BS EN 1978:1998 - Cu-CATH-1
b. GB/T 467-2010 - Cu-CATH-1
c. ASTM B115-10 - cathode Grade 1Deliverable under the shape of Cathodes, with a tolerance of +/-2%
All copper deliverable against LME contracts must be of an LME-approved brand
Quality: BS EN 1978:1998 Copper Cathodes (Cathode grade designation Cu-CATH-1)
Element
Composition, % maximum
Cu
-
Ag
0.0025
As
0.0005 (1)
Bi
0.00020 (2)
Cd
(1)
Co
(3)
Cr
(1)
Fe
0.0010 (3)
Mn
(1)
Ni
(3)
P
(1)
Pb
0.0005
S
0.0015 (4)
Sb
0.0004 (1)
Se
0.00020 (2)
Si
(3)
Sn
(3)
Te
0.00020 (2)
Zn
(3)
Sum of elements listed in this table class='uk-table' other than Cu
0.0065
1) (As + Cd + Cr + Mn + P + Sb) maximum 0.0015%
2) (Bi + Se + Te) maximum 0.0003%, of which (Se + Te) maximum 0.00030%
3) (Co + Fe + Ni + Si + Sn + Zn) maximum 0.0020%
4) The Sulphur content shall be determined on a cast sample
Quality: GB/T 467-2010 Copper Cathode (High-Purity Copper Cathode (Cu-CATH-1)
Element Group
Impurity Element
Content, not more than
Total content of element group, not more than
1
Se
0.00020
0.00030
0.00030
Te
0.00020
Bi
0.0020
2
Cr
-
0.0015
Mn
-
Sb
0.0004
Cd
-
As
0.0005
P
-
3
Pb
0.0005
0.0005
4
S
0.0015
0.0015
5
Sn
-
0.0020
Ni
-
Fe
0.0010
Si
-
Zn
-
Co
-
6
Ag
0.0025
0.0025
Where the total content of the impurity elements listed
0.0065
Quality: ASTM B115-10 Standard Specification for Electrolytic Copper Cathode (Cathode Grade 1)
Element
Composition, % maximum
Group Total, % maximum
Se
0.0002
0.0003
Te
0.0002
Bi
0.00010
Sb
0.0004
Pb
0.0005
As
0.0005
Fe
0.0010
Ni
0.0010
Sn
0.0005
S
0.0015
Ag
0.0025
Maximum allowable total
0.0065
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- CONTRACT SPECIFICATION
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Trading Screen Product Name
Copper LME
Commodity Code
LDKZ / CAD
Contract Size
25 ton / lot
Price Quotation
USD / ton
Contrac Type
3-Month
Contract Series
Listed daily
Trading Hours
Monday - Friday
07:00 A.M - 01:00 A.M (the next day)Minimum Price Fluctuation
0.50 USD / ton
Maturity Day
90 days forward the listed day
Last Trading Day
One business day prior to Maturity Day
Margin
As MXV required
Position Limit
As MXV required
Price Limit
As MXV required
Settlement Method
Deliverable
Quality Standards
Standards are detailed below
Instructions for payment
Pay online via bank: Customers who open a transaction account at ALIA can make quick and convenient deposit/transfer via online banking with ALIA: Vietcombank. To pay, please fill in the transfer information with the following content:
Note: -Payment time starts from 7am, ends at 22h from Monday to Friday. Transactions after this time will be carried over to the next working day.
MSB Bank
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Vietinbank
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Withdrawal Instructions
1. Online withdrawal:
Investors log in to the management account provided on the ALIA website to submit a withdrawal request. Note that this is a management account, not a CQG account, please check your email with subject "Notice of successful trading account opening" from ALIA to receive login. Withdrawal requests include:
Trading Account wants to withdraw money from
Amount you want to withdraw
Bank account you want to withdraw money to
Or click here to be directed to Submit a Withdrawal Request.
NOTE:
Withdrawal time: 8:00-17:00 from Monday to Friday. Withdrawals made after this time will be processed the next business day.
VMEX will process immediately upon receiving the withdrawal request if the request is valid. The time it takes for the money to be withdrawn to the account is from 30-90 minutes, up to 36 hours depending on the banking system
2. Withdrawal via switchboard:
NOTE: In case of withdrawal via switchboard, investors are required to save the withdrawal request with signature at ALIA
Execution time:
From Monday to Friday except public holidays and New Year
Morning: From 8:30 a.m. to 11:30 a.m
Afternoon: From 13h00 to 15h00
Implementation steps:
Step 1: Call the switchboard from the registered phone number.
Step 2: Provide the trader with the account number, and account holder verification information.
Step 3: Submit the withdrawal request and confirm the request again.