What is the impact of Xinjiapo iron ore futures on Chinese futures

Affected by the surge in Singapore iron ore index futures this morning, the main contract of domestic iron ore futures rose 5.73%.

Iron ore rose sharply to drive threads, hot coil and other futures varieties have shown a strong rebound trend, driving scrap prices to rise, whether the subsequent price rises, need to pay attention to the suppression of the previous high of 4500 points in the main contract of thread futures, and whether the iron ore rally can be continuous.

Futures must rise for a long time or nine lines must fall

Futures must rise for a long time or nine lines must fall: the futures market also has a similar law, that is, "if it rises for a long time, it must fall, and if it falls for a long time, it must rise".

In different periods, the range of the price limit will be different, generally expressed by a percentage range, such as 8%, 10%, 11% and so on. Under normal circumstances, the minimum margin ratio of the exchange will be slightly higher than the price limit to prevent the principal from losing in one day.

The price limit system is an effective risk control system in the futures market, which can prevent extreme markets.

For example, if the settlement price of iron ore on the previous trading day was 750.0 yuan / ton, then the range of the price limit on this trading day is 11%, corresponding to the minimum change price of iron ore futures of 0.5 yuan / ton, we can calculate the corresponding price of the price limit.

What is the impact of Xinjiapo iron ore futures on Chinese futures

Affected by the surge in Singapore iron ore index futures this morning, the main contract of domestic iron ore futures rose 5.73%.

Iron ore rose sharply to drive threads, hot coil and other futures varieties have shown a strong rebound trend, driving scrap prices to rise, whether the subsequent price rises, need to pay attention to the suppression of the previous high of 4500 points in the main contract of thread futures, and whether the iron ore rally can be continuous.

Will iron ore futures rise in price in 2022

Iron ore is expected to rise first and then decline in 2022; Under the background of dual carbon, domestic iron ore demand will weaken for a long time, and the iron ore market will show a slight surplus in 2022, and the downward trend of iron ore prices will not change. However, it should be noted that iron ore futures prices in the first half of next year may have a restorative rebound, and the trend of the whole year may rise first and then decline.

The simple rise in steel prices can of course improve the performance of steel companies, but the current rise in iron ore prices is also very serious, and the current rise in steel prices is basically just covering the rise of iron ore, so the current rise in steel prices has nothing to do with steel companies Steel stock prices have nothing to do with steel prices. The stock price is only related to the company's expected earnings level, the supply and demand of the stock, the industry environment, macroeconomic policies, the international financial environment and various information disclosed by the company. Steel prices are related to steel supply and demand, inventory levels, upstream and downstream raw material prices, transportation costs, tax rates and other aspects.