I. Matters related to the handling fee for coking coal futures trading on the Exchange.
The coking coal futures commission charged by the trading exchange is not infinitely low, but there is a unified standard. For example, the handling fee of coking coal futures in Dalian Commodity Exchange is 1.8/ 10000 of the transaction amount. The formula of coking coal futures commission is the transaction amount multiplied by the commission rate, where the transaction amount is the transaction price multiplied by the transaction multiplier. It should be noted that once there is an average warehouse, the opening fee will be charged at 3.6/ 10000. Then the handling fee for the first-hand coking coal futures may be higher than that in 56 yuan, which means that the opening and closing positions are charged at 3.6/ 10000. Consult the relevant staff specifically, and they shall prevail. Coking coal futures is a variety listed on Dalian Commodity Exchange with the code JM. The trading unit is 60 tons per lot, and the minimum price change is 0.5 yuan per ton. The corresponding profit and loss is 30 yuan per hand. You can consult an experienced person for details.
Second, the related functions of futures
Now many people will invest in futures trading, so futures have many functions, such as avoiding market risks. In your actual production and operation process, you can avoid the ever-changing commodity prices leading to changes in costs and profits, and you can use futures trading to preserve your value, but you can't blindly buy futures if you don't understand. The best function of futures is to be able to hedge. Once you buy or sell a certain amount of spot goods in the market, you will buy the same variety and quantity in the futures market. It can make up for market losses and avoid price risks. But still need to consult more professional personnel.
To sum up, coking coal futures is still a good choice. The original function of futures is very good, which can avoid market risks, reflect the price trend expectations of both supply and demand, and increase market transparency. But if you don't understand, don't blindly participate, you need to consult more professional personnel.