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What is eb futures?
EB futures refers to styrene futures. The meaning of EB futures: the trading of styrene forward contracts on Dalian Commodity Exchange. EB futures trading hours are from 9: 00 a.m. to 1 1: 30 a.m., from 13: 30 p.m. to 15: 00 p.m. from Monday to Friday, and other times stipulated by Dalian Commodity Exchange.

Styrene futures were listed and traded in Dalian Commodity Exchange on September 27th, 20 19. The first batch of EB2004 to EB2009 * * has 6 contracts, all of which are listed at the benchmark price of 8000 yuan per ton. After the listing of styrene futures, it forms a hedging chain with energy and chemical products such as crude oil, coal and rubber.

Styrene is an important raw material for producing plastics and synthetic rubber, and it is also an organic chemical raw material. The production, sales and flow of styrene in China are mainly concentrated in East China, and the main social stocks are also concentrated in East China.

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Factors affecting the price of styrene: upstream raw materials such as crude oil, ethylene and pure benzene, prices of downstream products such as EPS, PS and ABS, the start of production and consumption enterprises, social inventory, etc.

Styrene futures are delivered in kind, the contract months are 1, February, March, April, May, June, July, August, September, 10,1,12, and the trading unit is 5 tons/2.