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What does a thread index mean?
Thread index: it is the index of rebar futures.

Rebar futures are futures varieties with rebar as the subject matter. At present, the steel futures that can be traded on the Shanghai Futures Exchange include rebar futures and wire futures. The transaction unit of the rebar futures standard contract is per lot 10 ton, and the delivery unit is 300 tons per warehouse receipt. The delivery shall be an integral multiple of each warehouse receipt.

There are many factors that affect rebar futures:

1, spot price trend expectation;

2. Because the steel plate occupies a heavy weight in the Shanghai and Shenzhen stock markets, the Shanghai and Shenzhen stock markets have a great influence on rebar futures; 3. Because the macroeconomic impact on basic metals is basically the same, the impact of the trend of copper, aluminum and zinc on rebar futures;

4. The main institutions have a great short-term impact on the rebar futures market.