Rebar futures are futures varieties with rebar as the subject matter. At present, the steel futures that can be traded on the Shanghai Futures Exchange include rebar futures and wire futures. The transaction unit of the rebar futures standard contract is per lot 10 ton, and the delivery unit is 300 tons per warehouse receipt. The delivery shall be an integral multiple of each warehouse receipt.

Standard contract for rebar futures:

(1) The quality of steel bars used for physical delivery shall comply with the relevant provisions of GB 1499.2-2007 Steel for Reinforced Concrete Part 2: Hot Rolled Ribbed Steel Bars, and their brands are HRB400, HRBF400, HRB335 and HRBF335.

(2) The size, shape, weight, allowable deviation, packaging, marks and quality certificates of the delivered steel bars shall comply with the provisions of the national standard GB 1499.2-2007 "Steel for Reinforced Concrete Part 2: Hot Rolled Ribbed Steel Bars".

(3) The length of steel bars used for physical delivery is 9m or12m.

(4) The steel bars of each standard warehouse receipt shall be made of goods produced by the same manufacturer, with the same brand, registered trademark, same nominal diameter and same length, and the production date of the steel bars that make up each warehouse receipt shall not exceed two consecutive days, with the earliest date as the production date of the warehouse receipt.

(5) The rebar of each standard warehouse receipt shall be a registered brand recognized by the Exchange, and the corresponding quality certificate shall be attached.

(6) The delivery of steel bars shall be measured by actual weighing. The physical overflow of each warehouse receipt shall not exceed 3%, and the overflow of the increase or decrease clause shall not exceed 0.3%.

(7) The warehouse receipt shall be issued by the delivery warehouse designated by this Exchange after passing the inspection.

Rebar used for physical delivery shall be the brand registered by the Exchange. The specific registered brands and charging standards shall be stipulated and published by the Exchange. Designated and announced by the exchange, and the premium standard for warehouses delivered in different places shall be stipulated and announced by the exchange.

There are many factors that affect rebar futures:

1, spot price trend expectation;

2. Because the steel plate occupies a heavy weight in the Shanghai and Shenzhen stock markets, the Shanghai and Shenzhen stock markets have a great influence on rebar futures;

3. Because the macroeconomic impact on basic metals is basically the same, the impact of the trend of copper, aluminum and zinc on rebar futures;

4. The main institutions have a great short-term impact on the rebar futures market.