First of all, how much does it cost to make first-hand jujube futures?
The first listed jujube futures contracts are CJ 19 12, CJ200 1, CJ2003 and CJ2005. The benchmark price of each contract is 8600 yuan/ton, and the trading unit is 5 tons/lot. In the first stage (from listing to the last trading day two months before the delivery month), the margin standard is 7%. Then, if you buy first-hand jujube futures at the listed benchmark price today, you need the latest margin of 30 10 yuan (excluding futures company fees). Such a small capital account of 1 10,000 yuan is totally acceptable.
How much is such a "hot" jujube futures worth now?
The transaction fee for futures trading is 3 yuan/lot, and the current warehouse is free of transaction fee within the same day. The minimum price change of this contract is 5 yuan/ton. In other words, when buying and selling a jujube futures, the disk will jump a little (up and down 5 yuan), and accounts that are long or short will have floating profits. If the position is closed at this time, the long or short account will gain 22 yuan/hand (the futures company ignores the charges). Of course, if the direction is reversed, then jump a point, floating loss 28 yuan/hand (ignoring the futures company charges). Here, investors are specially reminded not to forget to control risks when trying the early futures "red dates".
On the day of listing, the daily limit of jujube futures is 10% of the contract listing benchmark price. In other words, the highest intraday price of today's jujube futures contract can reach 9460 yuan/ton and the lowest price is 7740 yuan/ton. If you accidentally close the daily limit, the floating profit of one more jujube futures can reach 4300 yuan (excluding the handling fee). In the same way, if you accidentally close your position on the daily limit, the short position will float 4300 yuan (excluding the handling fee).
According to the operating characteristics of domestic agricultural futures, market participants judge that the main contract of jujube futures may be CJ200 1, CJ 19 12, CJ2005 or the second main contract at the initial stage of listing. Listing contracts are all new season contracts, and the purchase price of red dates is the core of spot value, but it is difficult to judge at present. It is predicted that in the future, the trend of jujube spot market and weather changes may be the main factors affecting jujube futures prices.
"At present, such as Qiang first-class jujube 4.5 yuan/kg, Aksu 4. 1 yuan/kg, Cangzhou 4 yuan/kg, Zhengzhou 4 yuan/kg, the price of Cangzhou in the same period last year was 6-6.5 yuan/kg. From this point of view, compared with the current spot market, the listing benchmark price is relatively low, and most of the first-class dates in the spot market are stuck at the lower edge of the standard. If the distribution cost is added, 9000-9500 yuan/ton is more reasonable. " Yi Le, general manager of Shoude Futures Fresh Products Division, said that the first-hand handling fee for jujube futures is 3 yuan, and the handling fee for the current warehouse is free. A point change in the value of the primary contract is conducive to attracting short-term or intraday funds to intervene. It is expected that the market will be more enthusiastic on the first day of listing.
It is understood that before the listing of jujube futures, the jujube "insurance futures" project has landed and placed an order. After the listing of red dates, these related themes will also enter the market in due course.
Related question and answer: How much is the wholesale price of red dates? The price of red dates produced in different regions is different.
There are many dates in Xinjiang now.
There are many dates in Xinjiang, such as Junzao and Huizao. These two kinds of red dates have different grades and different prices.
Junzao has a high price, and the average wholesale price is about 13 yuan.