Market symbol: RC
Trading hours are from 09.00 a.m. to 17.30 p.m. United
Kingdom time. The exchange is open Monday through Friday except for listed
public holidays.
The
price basis is US$ per ton ex warehouse.
The contract unit is 10 tons with a minimum price
fluctuation of US$ 1 per ton.
Delivery months are January (F), March (H), May (K),
July (N), September (U), and November (X). As in New York, ten trading positions
are always quoted.
The
last trading day is the last business day of the delivery month (till 12.30
p.m.); tenders may be made any day during the delivery month.
Delivery points.
Exchange-nominated warehouses in London and the United Kingdom home counties, or
in a Nominated Warehouse in, or in the Board's opinion sufficiently close to
Amsterdam, Antwerp, Barcelona, Bremen, Felixstowe, Genoa-Savona, Hamburg, Le
Havre, Marseilles-Fos, New Orleans, New York, Rotterdam and Trieste.