Significance analysis of rebar futures
China is the largest steel producer and trader in the world. The introduction of rebar futures is of great significance to the domestic steel industry. Analysts pointed out that the steady introduction of wire rod and rebar futures varieties is of great significance for developing the steel industry and upgrading its structure. It can not only provide tools for iron and steel production and circulation enterprises to hedge and manage risks, but also provide price information for iron and steel enterprises, so that enterprises can arrange production reasonably, adjust sales or purchasing strategies, ensure the orderly production and operation activities, and thus reduce the impact of frequent price fluctuations on the smooth operation of enterprises. At present, there are hundreds of thousands of steel traders, 1 1,000 steel enterprises in China, and there are more infrastructure enterprises in the industrial chain. Their participation is of great significance to the development of domestic futures market. Wenhua Finance developed "Wenhua Finance Futures Gold Medal Prediction Formula", in which "Rebar Futures Special Prediction Formula" played an important role in analyzing and forecasting the market and hedging, and was regarded as the golden key of wealth by domestic major steel mills and steel futures participants.
At present, 50% of steel products in China are directly sold by steel enterprises, and the other 50% are represented by traders. Without rebar futures, these traders can't get the goods when steel products are in short supply and prices are rising, but when demand is shrinking, prices are falling or even losing money, they have to purchase goods to maintain their relationship with steel enterprises. Therefore, the introduction of rebar futures, for these traders, has a good tool to hedge risks, whether steel prices rise or fall, can ensure the stability of business.
Influencing factors of rebar futures
There are three main factors that affect the price change of rebar: first, the production cost; Second, the relationship between supply and demand, the factors affecting the relationship between supply and demand are more complicated; Third, speculative factors, which sometimes lead to irrational price rises or falls. The factors that affect the production cost include raw material cost and energy cost, and the factors that affect the relationship between supply and demand include macroeconomic operation cycle, output and consumption, inventory and import and export policies.