Copper cathode
LME Grade A (Cu-CATH-1, 99.9935% Cu min)
Copper cathode is the gold-standard refined copper deliverable. Direct MT hedging is the only method used. The catalog bakes the 1:1 conversion in so every cathode trade flows cleanly to the hedge book.
This page shows how the NovaEx wizard models one common configuration. Your contract may look different. Override any field per shipment, or clone the example to build your own.
Conversion recipe
1:1 weightSources
LME Special Contract Rules · International Copper Study Group · BS EN 1978:1998
Industry-standard ranges shown. Actual contract terms vary per shipment; override at position entry.
Worked example
Typical shipmentCommercial qty
100 MT
As invoiced
Contained metal
100.00 MT
Copper inside the goods
Hedgeable metal
100.00 MT
Flows to hedge desk → LME Copper
100 MT of LME Grade A copper cathode × 100% = 100 MT Cu hedgeable → hedge on LME Copper (MCX: COPPER, 2.5 MT lot).
What you're actually trading
Reference specifications for contracts, counterparty conversations, and supply-chain planning. Not a substitute for the shipment's lab certificate or commercial contract.
- Grade
- LME Grade A (Cu-CATH-1 per BS EN 1978:1998)
- Purity
- 99.9935% Cu minimum
- Typical sheet
- 80–130 kg, 1 × 1 m, 12–15 mm thick
- LME-registered
- Yes
- MCX symbol
- COPPER (2.5 MT lot)
Other products traders often pair with this one
More Copper worked examples in the same catalog. Clone any of them, or configure your own variant via the wizard.
Configure copper cathode for your desk
Book a live walkthrough. We'll configure this product using your own contract terms and show the hedge derivation end-to-end.