Live pig futures are traded on Dalian Commodity Futures Exchange, and listed at 202 1 1 8. At present, there are only daily varieties, that is, pigs that have not been slaughtered. The pig futures market is the first variety to adopt spot delivery.
Transaction code: LH. For example, LH220 1 means a contract that expires on June 5438+0, 2022.
Trading unit: 16 ton/lot. (Design contract for the loading capacity of one truck for spot transportation of live pigs. ) Minimum variable price: 5 yuan/ton. When the price jumps, the profit and loss change of 1 lot is that the price of 80 yuan contract is limited to 4% of the settlement price of the previous trading day. The minimum trading margin is 5% of the contract value.
Contract months: 65438+ 10 month, March, May, July, September, 165438+ 10 month. Because July is summer, the hot weather will easily lead to problems in pig transportation, which will affect the delivery quality, and the stricter speculative warehouse will limit all transactions.