How much is an iron ore futures?
The minimum fluctuation price of iron ore futures is 0.5 yuan/ton, and the primary price is 100t, so the profit and loss of each fluctuation point of iron ore futures closed by investors is100 * 0.5 * 2 =100t. It can be seen that the risk of iron ore futures is still relatively high.
Iron ore futures are listed and traded on Dalian Futures Exchange. Among many commodity futures, iron ore futures are a few that need to reach a certain threshold to open an account. There are three main conditions for opening an account:
1 capital requirements: the available capital in the futures account after daily settlement for five consecutive trading days before the application date shall not be less than 654.38+10,000 yuan.
2. Trading experience: there are real trading records of domestic and foreign futures or options in the last three years.
3 Professional requirements: Complete the futures knowledge test on the knowledge test platform of China Futures Association, with a score of not less than 80.
The most direct impact on iron ore prices is the relationship between supply and demand. Investors need to pay attention to the consumption growth rate of major iron ore consuming countries, such as China, India, Japan, the United States and Europe, and the output of major producing countries, such as Australia and Brazil. At the same time, the ups and downs in the history of iron ore are closely related to the housing prices in larger economies.