How many nickel commodity futures did Huayou Cobalt participate in?

As of September 30th, 20021year, the trading financial assets of Huayou Cobalt were RMB 65.438+0.44 billion (all nickel commodity futures), and the gains from changes in fair value were RMB 65.438+0.24 billion (all fair value hedging gains).

Assume that Huayou Cobalt only participates in the commodity futures trading of Shanghai Nickel, and the margin ratio is 14%. Taking Shanghai Nickel 2203 as an example, the closing price of 2021September 30th is133,680 yuan/ton, and the amount calculated by Huayou who holds short orders of Shanghai Nickel should be around 7,000-9,900 tons.

The third question: As of March 7, 2022, the number of nickel commodity futures held by Huayou.

Combined with Huayou's report that the scale of trading financial assets increased by 375.52% in the third quarter of 2002/KLOC-0, it is judged that the scale of nickel commodity futures held by Huayou should be between 20,000 tons and 30,000 tons. .

Relevant data are extracted from the third quarter report of Huayou Cobalt Industry 202/KLOC-0.