IME to Roll Out New Copper Futures

The Iran Mercantile Exchange will unveil futures contracts backed by copper next week, the IME Derivative Market Department announced.
As per a notice on imereport.ir, the first round of copper futures is set for delivery in February. Trade will start on Saturday.
The underlying asset is copper cathode, which is the basic building block for copper production. Cathode is the starting point for processing copper.