As far as the rebar I studied is concerned, the rebar price has shown an upward trend from 20 16, when the converter was banned by the state, to 20 16. This is from the moon line. If we look at the daily line, the outbreak of rebar demand and iron ore import problems since the end of last year (1 1) have caused the spot market to rise as a whole, and futures prices have also risen. During the Chinese New Year, all the money in the world was released. After the Spring Festival, the market's optimism about the rebar market directly caused the overall market's expectation of inflation and high demand when the demand was not fully started. Futures and spot prices also rose all the way. This is a macro law.
Futures are regular, but this rule is not immutable. If it rises high, it will fall, and if it falls too much, it will rise. This road is not common now. You need to carefully grasp the market drivers and find out the key points of operation.