First, contract standardization. Coke futures belong to the futures family, so they are all standardized futures contracts when trading.

Second, the transaction is concentrated. Like other futures varieties, coke futures are also traded in the futures exchange.

Three, two-way trading and hedging mechanism. Futures investors can buy coke futures contracts when the price is low and sell them after the price rises. It can also be sold when the price is high, and then wait for the buyer to hedge and close the position after the price falls.

Fourth, the daily debt-free settlement system. After any futures product, including coke futures, is traded daily, the profit and loss of all parties to the transaction shall be settled by funds.

Verb (abbreviation of verb) margin system and leverage mechanism. Corresponding to high risks, the futures market is also a market with high expected annualized expected returns. In coke futures trading, you only need to pay a small amount of margin, generally about 10 of the contract, and you can complete several times or even dozens of times of contract trading.

Sixth, big contracts. Coke futures 100 tons, and the minimum trading margin is close to 30,000 tons. This is a big contract of futures varieties, which is the general trend of China commodity futures in the future.

Influencing factors of coke futures price

1, the traditional relationship between supply and demand: this refers to the buyers and sellers in coke spot market transactions.

2. Money supply and demand: This is often related to the national monetary policy. For example, tight and loose monetary policy will lead to the price trend of coke futures market.

3. Information supply and demand: This is often related to the introduction of certain policies and the announcement of events that have a significant impact on the coke market.

4. Emergencies: The sensitivity of the futures market is much greater than that of the spot market, and sometimes major emergencies will seriously affect the price of coke futures.

5. Exchange positions: The number of positions indicates whether the market is optimistic about the whole variety of coke futures, and it will also affect the buying and selling direction of investors to some extent.

Coke futures contract of Dalian Commodity Exchange

Quality standard of coke delivery in Dalian Commodity Exchange