What does black building materials futures contain?
At present, in the futures market, black building materials futures mainly include the following types.
Coke, JM coking coal, ZC power coal, RB rebar, HC hot coil, I iron ore, SF ferrosilicon, SM manganese silicon.
In addition to these famous black series, there are non-ferrous metals in the futures market. There are about 64 kinds of nonferrous metals, but in futures, they mainly refer to copper, aluminum, zinc, lead, tin, nickel and international copper. Gold and silver are classified as precious metals.
In addition, in addition to the above-mentioned black series, building materials futures also include futures varieties related to the building materials industry, such as glass and PVC.
To understand the investment logic of building materials futures, we must first have a general understanding of the building materials industry.
The main subdivisions of building materials industry include: wood, bamboo, stone, cement, concrete, metal, brick and tile, ceramics, glass, engineering plastics, composite materials and so on.
But in either case, as a typical cyclical industry and the upstream of real estate infrastructure, macro demand fluctuation has a fundamental impact on the prosperity of the industry.
And some building materials futures, especially black building materials futures, may also be related to the international situation.
Generally speaking, the futures market is extremely risky and it is not recommended for ordinary investors to enter.
* Financial management is risky and investment needs to be cautious. The above contents are personal opinions, for reference only, and do not constitute any investment advice.