The trend of 1. rebar is not only affected by the spot, but also related to LME metal in the outer disk, which is positively related to crude oil and negatively related to the US dollar, and has nothing to do with a metal in the United States.
2. 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.
3. There are many factors that affect rebar futures: 1, and the spot price trend is expected; 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.
4. There are four kinds of steel futures listed on this exchange, namely billet futures of LME, scrap futures of Japan's C-COM, plate, billet and sponge iron futures of India's MCX and rebar futures of Dubai's DGCX. In addition, NYMEX also plans to launch steel futures. Among the above four exchanges, MCX in India is the first to list steel futures, and LME is the last to list steel futures. However, whether it is LME, which enjoys a long reputation in nonferrous metals industry, or DGCX, which has a solid spot base of rebar, the trading volume of steel futures is always unsatisfactory, and it is impossible to provide futures prices with high reference value for international steel futures trading.