1. Suppose a customer thinks that the soybean price is going to rise, and buys a futures contract at 3000 yuan/ton (each soybean 10 ton, and the margin ratio is about 10%). Then, the price really fell to 3300 yuan/ton, and the customer bought a futures contract and completed a transaction.
General business practices:
Purchase cost: 3000 yuan/ton * 10 ton =30000 yuan.
Profit: (3300-3000 yuan) × 10=3000 yuan.
Yield: 3000 yuan /30000 yuan * 10%= 10%.
If you trade in the futures market,
The approximate investment cost of capital: 3000 yuan/ton × 10 ton/hand×10% (margin) =3000 yuan/hand.
Profit: (3300-3000 yuan) × 10=3000 yuan.
Yield: (profit) 3000 yuan/(cost) 3000 yuan * 100%= (profit) 100%.
2
In the same way, suppose a customer thinks that the soybean price is going to fall, so he sells a futures contract at 3000 yuan/ton (each soybean 10 ton, and the margin ratio is about 9%). Then, the price really fell to 2700 yuan/ton, and the customer bought a position and completed a transaction.
This can't be done in normal business, but it can be done in the futures market, because futures trading can be sold first, even if it falls, it can make money.
The approximate investment cost of capital: 3000 yuan/ton × 10 ton/hand×10% (margin) =3000 yuan/hand.
Profit: (3,000-2,700 yuan) ×10 = 3,000 yuan.
Yield: (profit) 3000 yuan/(cost) 3000 yuan * 100%= (profit) 100%.
Less investment, big return, the loss is the same as normal business, but the cost only accounts for 10%, and the goods will have 10% in normal price fluctuations. If it is normal operation, there will be a return of 100%, that is, there is little chance that soybeans will rise from 3000 yuan to 6000 yuan.
Therefore, futures investment is a good investment method.