Event announcements :
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Part I. Reference Brand for Delivery
1. Brands for 8mm copper bar
(1) Jiangsu Jiangrun Copper Co., Ltd.
(2) Quanwei (Tongling) Copper Technology Co., Ltd.
(3) Changzhou Jinyuan Copper Co., Ltd.
(4) Jiangsu New Times Copper Co., Ltd.
(5) Jiangsu Yiyuan Copper Co., Ltd.
(6) Jixi County Wanquan Copper Co., Ltd.
2. Brands for 3mm Copper Wire
(1) Jiangsu New Times Copper Co., Ltd.
(2) Wuxi City Ling Feng Copper Co., Ltd.
(3) Jiangsu Yiyuan Copper Co., Ltd.
(4) Wuxi Rongcheng Electrical Materials Co., Ltd.
(5) Wuxi City Hejia Electrical Equipment Co., Ltd.
(6) Xuancheng City Chengyuan Metallic Material Co., Ltd.
(7) Jiangsu Xiyou Power Technology Co., Ltd.
(8) Anhui Lvbao Copper Co., Ltd.
Part II Similarities and Differences of Futures, Spot Trading and Continuous Spot Trading
Futures |
Spot Trading |
Continuous Trading (China Cable Material Trading Center) |
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Trading Variety |
Advantages: With standardized contract and quality assurance for trading variety |
Advantages: Immediate buying and selling, with various varieties |
Advantages: With standardized contract and quality assurance for trading variety |
Disadvantages: Single variety with limitation to raw materials, resulting in difficulty in satisfying with the enterprises’ actual needs |
Disadvantages: Difficulty in standardization of quality of trading variety |
Disadvantages: difficulty for trading variety in covering all the spot goods |
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Period of Trading and Delivery |
Trading is available at each trading day and delivery is available once a month |
Everyday |
Trading and delivery is available at each trading day |
Delivery Mode |
At the specified delivery warehouse |
No fixed place |
At the specified delivery warehouse |
Payment for Goods |
Margin trade: cash deposit is greater than 20% after entering into the delivery month and paid in full is adopted. Bank-futures company account transfer is adopted, ensuring fund security. |
Terms of payment are determined by negotiation of the two parties and it is difficult to guarantee the payment. |
Trading is on the basis of performance bond, with the proportion of performance bond of 20% and paid in full is adopted. Bank-trading company account transfer is adopted, ensuring fund security. |
Part III Delivery Place
At the specified delivery warehouse by the Exchange
Part IV Example of Filling in Relevant Forms (With Virtual Information in such Forms)
China Materials Trading Web
Application Form for Commodity Warehousing
Name of Trader |
ABC Cable Material Co., Ltd. |
Trading code |
0000001 |
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Commodity Name |
8mm copper rod |
Commodity Code |
CU φ8 |
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Commodity Brand |
ABC |
Manufacturer |
ABC Cable Material Co., Ltd. |
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Standard for Commodity |
GB/T 3952-2009 |
Commodity Model |
T1R |
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Production Batch/Date |
(1) Batch 111010/produced on Oct. 10, 2011 (2) Batch 111011/produced on Oct. 11, 2011 |
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Contact person |
Zhang San |
Tel. |
0510-87240023 |
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Commodity Weight (t) |
200 |
Quantity (Nr.) |
50 |
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Expected time for warehousing |
2011.10.10 |
(Official seal of trader) Date of application: 2011.10.10 |
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Warehousing mode |
□ Train √□ Truck □ Ship |
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Warehousing by person? |
√□ Yes □ No |
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Application for warehouse storage |
XX warehouse |
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Comments of warehouseman |
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Remarks |
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Notes:
1) This form must be submitted by the trader to the warehouse for delivery for application, attached with relevant product quality certificates (necessary for all the goods) and shall come into effect after confirmation by the warehouseman;
2) This form must be facsimiled by the trader to the warehouse for delivery designated by the Exchange and trading web respectively, for filing as office copy. (Fax of Delivery Department: 0510-87240026)
China Materials Trading Web
Application Form for Substitution and Cancellation
Name of Company for Application |
ABC Cable Material Co., Ltd. |
Trading code |
0000001 |
Code of Commodity for Substitution |
CU φ8 |
Code of Commodity for Substitution (t) |
20 |
Warehouse receipt No. for corresponding goods |
01 |
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Verification of Substitution |
True |
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Implementation of Substitution Cancellation |
Cancellation of 5 Shou |
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Return of certificate or receipt |
√□ Yes □ No □ Others ( ) |
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Signature of legal representative: Date: |
Official seal of organization for application: |
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Delivery Department |
Handled by: Date |
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President or authorizer: |
MM/DD/YY |
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Remarks |
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Notes:
1) The trader must apply to the Trading Web for this form and provide relevant original copies to the certificates or receipts; and this form will come into effect after approved by the Exchange;
2) This form shall be in triplicate; the first one shall be submitted to the Delivery Department, the second one shall be kept by the client and the third one shall be reserved by the Settlement Department.
China Materials Trading Web
Application Form for Warehouse Receipt Registration
Name of Trader |
ABC Cable Material Co., Ltd. |
Trading code |
0000001 |
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Commodity Name |
8mm copper rod |
Commodity Code |
CU φ8 |
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Commodity Brand |
ABC |
Manufacturer |
ABC Cable Material Co., Ltd. |
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Standard for Commodity |
GB/T 3952-2009 |
Commodity Model |
T1R |
||
Production Batch/Date |
(1) Batch 111010/produced on Oct. 10, 2011 (2) Batch 111011/produced on Oct. 11, 2011 |
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Contact person |
Zhang San |
Tel. |
0510-87240023 |
||
Commodity Weight (t) |
200 |
Quantity (Nr.) |
50 |
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Expected time for warehousing |
2011.10.10 |
(Official seal of trader) Date of application: 2011.10.10 |
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Warehousing mode |
□ Train √□ Truck □ Ship |
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Warehousing by person? |
√□ Yes □ No |
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Application for warehouse storage |
XX warehouse |
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Comments of warehouseman |
|||||
Remarks |
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Note: The registration table shall be lapsed automatically after goods delivery.
China Materials Trading Web
Confirmation Letter of Delivery
Date of Delivery Matching |
2011.10.10 |
Actual amount of delivery (RMB) |
1,000,000 |
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Quantity of delivery (Unit: Shou) |
20 |
Actual amount of delivery (t) |
80 |
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Commodity Name |
8mm copper rod |
Commodity Code |
CUφ8 |
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Name of Trader of Buyer |
ABC Cable Factory |
Code of Trader of Buyer |
0000001 |
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Name of Trader of Seller |
DEF Cable Material Co., Ltd. |
Code of Trader of Seller |
0000002 |
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Whether receiving the valid VAT invoice of trader of the other party |
√□ Yes □ No |
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Whether settling the over-landed or short-landed cargoes |
√□ Yes □ No |
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Remarks |
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Seal of trader: Handled by: Zhang San Date: MM/DD/YY |
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Note: This form shall be facsimiled to the Delivery Department and the fax shall have the same force as the original.
China Materials Trading Web
Application Form for Delivery Intent
Commodity Name |
Commodity Code |
Qty. (t) |
Specified delivery warehouse |
Brand with application for delivery |
Specification and Standard |
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8mm copper rod |
CUφ8 |
200 |
XX warehouse |
ABC Cable Material Co., Ltd. |
GB/T 3952-2008 |
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Name of Applicant: DEF Cable Material Co., Ltd. Code of Trader: 0000001 Handled by: Zhang San Tel.: 0510-87240023 |
Applicant (seal): Date of application: MM/DD/YY |
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Part V Explanation
Term explanation, formula and meaning, as well as relevant rules and systems involved in the business processes hereof can be examined on the China Cable Materials Trading Web.
Contact Us
National Service hotline: 400-828-0188
Tel. of Customer Service Dept.: 0510-87240066
Tel. of Customer Settlement Dept.: 0510-87240099
Tel. of Delivery Dept.: 0510-87240023
Tel. of Marketing Dept.: 0510-87240028
Tel. of Trading Dept.: 0510-87240088
Copyright material trading center far east co., LTD.
All Rights Researved. Sue ICP for beian.miit.gov.cn # 16024348-1 without the written authorization, prohibiting reproduced.
Address: China yixing city of jiangsu province in the far east avenue 29 on the third floorZip code: 214257
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400-928-9333
