Of course. Get it through some free platforms.
Nishimoto Shinkansen website
Website: Nishimoto Shinkansen
This website mainly provides some data related to black varieties, as well as some macro data, as shown in the figure below.
In this website, we can find the inventory data related to black varieties, which is also a data we need very much. Of course, there are also various order indices and export indices related to demand. In addition, the data is very good, because the chart can be automatically generated from the selected date. We can automatically adjust the chart within a day, and the relevant specific data are provided at the bottom of the chart. Overall, this website is still very good.
3. Three major futures exchanges
Website of last issue: Shanghai Futures Exchange
Dalian Commodity Exchange: the website of Dashang Institute
Website of Zhengshang Institute: Zhengzhou Commodity Exchange
What important data can be obtained from the three major futures exchanges? First, the three major futures exchanges provide daily warehouse receipt reports, and we can get the registered warehouse receipt data of the three major exchanges. Secondly, the Shanghai Futures Exchange also provides weekly inventory reports, and we can also get some inventory-related data. Third, all three futures exchanges have delivery systems. As a fundamental trader, you need to know the delivery system and delivery rules of the varieties you are concerned about, so that your trading logic will be more complete. Basically, these three types of useful data are available.
Of course, we can't directly see the trend just by looking at a single data. If you want to see the trend, you need to look at the data for several days or even weeks, export it, and then draw a chart to observe the trend. If this process is manual, it must be very troublesome. I also provide you with a tool, which is also a rough reptile tool written by myself. As long as python is installed on your computer, run it. Enter the start date and end date, and the program will automatically help you grab the warehouse receipt data and inventory data within the specified date range from the exchange website, so that you can draw a line chart in excel file to observe the trend.
4. Yangtze River Nonferrous Metal Network
Website: Non-ferrous metal prices
This website mainly provides the demand and supply of non-ferrous metals, as well as historical price trends. We get the futures and spot price trends of nonferrous metals here, so as to judge the change of basis. Since there are commercial websites, why should we look at the Yangtze River Nonferrous Metals Network? This is because the data of the same product on different websites are not the same, sometimes even very different. We can't guarantee that the relevant data we get from the open market are completely correct, but if the data provided by different websites are not very different, our judgment accuracy will be greatly improved. Judging from the data in a website alone, the biggest risk lies in the inaccuracy of the website data, which we need to pay attention to.
5. What did Wall Street see?
Website: Wall Street Experience
Hedge Research Website: Hedge Research
The wall street news website is not bad, providing all kinds of relevant macroeconomic data, as well as some related articles and opinions. You can also get up in the morning and listen to the Wall Street News Breakfast to find out what economic events have happened at home and abroad in one day.
Hedge head research is the product of Wall Street. This website has just been launched, mainly for futures traders. Provide relevant data and real-time news of various varieties, and also provide relevant arbitrage introduction, which can not only obtain information, but also learn.
6. Mobile applications
The above-mentioned websites are mainly used on the PC side, and the mobile side recommends mobile commerce companies, straight flush iFInd, My Steel, and Wall Street. What role the mobile business community and Wall Street have played has been introduced before, so I won't go into details here.
There is a function of flush iFInd that I like better. After clicking on the statistics report on its homepage, we can find warehouse receipts and inventory data of various futures, and we can also convert the data into charts, which is convenient for us to check the changing trend. According to my observation, these data are all crawled from the websites of the three major futures exchanges, and the inventory data is only the data of the previous period, and there are no big exchanges and Zheng exchanges.
My steel is also a black series related App, as I mentioned earlier, but the data obtained from a website is not necessarily accurate, so we need to obtain data from different sources in the same industry for comparison. If the difference is not big, the data we get are basically reliable. We can compare the data of Nishimoto Shinkansen with that of my steel to see if there is a big difference.
7. Skills of using data
Regarding the use of data, I mainly want to make two suggestions: First, the reliability of data sources. Wrong data may make you make a wrong judgment, so when we get the data of a commodity, we should get it from as many channels as possible and then compare it. If the data are not much different, it can be considered that the data is reliable. If the data is very different, then we need to be cautious. Second, the data is deceptive. Even if some data are true, they may not be valid, especially spot data, which are often valuable but not available. Such data is superficial and actually invalid, indicating that the market does not accept this price. Therefore, while paying attention to the spot price, we should also pay attention to the transaction data in the spot market. If trading is active in a certain price market, it shows that this spot data is still very effective. If we encounter other problems about data later, we will introduce them separately.