Physical steel refers to physical steel that can be shipped, stored and used for manufacturing. The spot available for delivery can be converted into cash on the basis of spot or forward, or the payment can be made in advance, and the buyer can pay in a very short time. Symmetry of steel futures.
In spot trading, the common way is cash on delivery or barter.
Spot trading is generally applicable to agricultural and sideline products sales, small wholesale and retail transactions. In China, retail enterprises generally adopt the method of one-handed delivery and one-handed collection, and two-handed delivery; Spot transactions of wholesale enterprises, in addition to cash on delivery, also take the form of bank collection and acceptance for settlement within a time limit. The difference between spot trading and other trading methods lies in:
(1) For the purpose of trading, it is to obtain the ownership of goods.
(2) In terms of trading methods, it is generally conducted through one-on-one negotiation between the two parties, and it is not necessary to focus on a specific time and place.
The English-Chinese Dictionary of Securities Investment by the Commercial Press explains that the steel spot English is: Steelactuals；; Steel spot goods. Also known as: steel. ① Products that have physical properties and can be actually delivered in the process of commodity futures trading, such as steel, gold, soybeans, etc. When trading, the seller shall deliver the goods to the buyer on the maturity date of the futures contract. In fact, the futures trading of many deliverable commodities has been closed before the delivery date, and there are few actual spot deliveries. 2 spot English is: spot; Spot commodity. Spot under the concept of commodity. That is, goods that can be delivered immediately are ordinary goods traded in the market. After the transaction is completed, the seller delivers it to the buyer, and the buyer pays the payment. Rather than commodities traded under futures contracts.
Jierong Steel Huo Xian Trading Platform
As the basic industry of national economy, iron and steel industry plays an important role in economic construction and social development. Therefore, national macro-control, changes in relevant laws and policies and the trend of the international situation will all affect the fluctuation of steel prices. Sensitive and changeable price fluctuation is a headache for steel traders. Relying on the traditional delivery mode can no longer meet the needs of today's steel trade industry. With the popularity of the Internet and the traction of market demand, enterprises in China have accelerated the use of the Internet, and spread information quickly through the Internet, so as to achieve the purpose of fast trading and avoiding inventory backlog.
Nowadays, Jierong Steel Spot Network, My Steel, Lange Steel Comprehensive, etc. All have begun to set foot in the steel spot trading platform services. However, due to the wide variety of business, the focus is not on the spot trading platform of steel. In this case, "Jierong Steel Spot Network" came into being to provide professional steel spot trading platform services for steel traders. The following is the related information of Jierong Steel Spot Network "Jierong Steel Spot Network". The steel spot trading platform features trade financing-Jierong Steel Spot Network.
Jierong Steel Spot Network Co., Ltd. took the lead in launching a brand-new financing transaction model, seamlessly connecting the trading platform with the bank settlement system and the warehousing and logistics system, breaking the limitations of traditional steel trade and realizing the electronic informationization of customers in the whole process of trade operation, which not only ensured the authenticity of the transaction, but also opened up a fast financing channel and achieved a breakthrough in the integration of capital flow, information flow and logistics. Through professional and efficient management services, we have established fast and convenient information channels and credit bridges for both the supply and demand sides.
Jierong's multi-party cooperation with steel trading customers, warehousing enterprises, CIC and banks focuses on mutual support and promotion, and is based on building a win-win situation that not only shares development opportunities, but also provides more space for each other's development.
The core financing service of the company platform is embedded with a variety of high-efficiency and low-cost financing modes, which truly realizes the chain financing function, which not only revitalizes the upstream and downstream funds, but also helps to control the flow of funds and reduce operational risks. The main types of financing services provided by the platform include: general financing guarantee, targeted procurement financing guarantee for key customers and pawn financing guarantee. Customers who have obtained financing credit can flexibly use financing leverage in the platform to truly enlarge the scale of funds and profits.
Jierong's warehousing and logistics system and trading platform have achieved real seamless docking for the first time in the industry. Based on the actual warehousing data, the perfect electronic information system ensures the real existence and circulation safety of spot resources in the transaction process. On the premise of meeting the basic needs of customers, the effective integration of financing, warehousing and logistics, settlement and payment embodies the characteristics of convenience, truthfulness, honesty and security.
Jierong has a professional, experienced and powerful system operation team; Relying on many years' experience in information analysis and research of steel industry and electronic trading of bulk commodities, as well as the guarantee financing project of PICC, Jierong team will provide comprehensive trade, finance, warehousing and circulation guarantees for steel mills, trade and circulation enterprises, warehousing and logistics enterprises and end users.
In the future, Jierong will continue to focus on platform construction, continuously improve its management and service level, and provide one-stop and all-round spot electronic trading services for steel trading enterprises and upstream and downstream links.