The pig futures delivery products ordered by Dashang are alive and weigh between 95 ~ 105 kg. The futures price limit is 4% and the margin ratio is 5%; The delivery months of the contract are April, June, August, 10 and 65438+February. Transaction unit: 10 ton/lot; Transaction cost: no more than 6 yuan/lot. The participants of pig futures are mainly small pig farms, pig traders and small and medium investors.
According to the calculation, the contract value of 10 ton/hand is about 60,000 yuan and the deposit is about 3,000 yuan, which is conducive to the participation of individual investors.
In addition, according to industry analysts, judging from the speculative income of futures investors, if the brokerage commission is not considered, the minimum participation cost for investors to complete a transaction is twice that of the unilateral handling fee. If the unit of live pig contract is 10 ton/lot and the transaction cost is 6 yuan/lot, investors need 12 yuan/lot to complete a transaction, and the price fluctuation above 2 yuan/ton can make investors profit.