Asphalt is one of the downstream products of crude oil, that is, the heavy residue left after refining, which is generally used to pave asphalt roads. Because it is a downstream product of crude oil, the price of asphalt is closely related to crude oil. In addition, crude oil itself belongs to special commodity futures, and the threshold is relatively high. Therefore, for futures lovers with insufficient funds, asphalt is a good and cheap substitute.

Asphalt futures belong to ordinary commodity futures in classification, and can be traded by opening an account, which is very cheap. The method is as follows:

Code BU, asphalt is only 10 ton per lot, the minimum change price is 2 yuan, and the minimum change point per lot is 2 * 10 = 20 yuan.

There is a night show during trading hours and it ends at 23 o'clock. At present, the asphalt deposit implemented in the futures exchange is: 10%.

The deposit, we can use the current main contract 2 109 to calculate as follows:

Margin = current price * contract quantity * margin ratio = 3160 *10 *10% = 3160 yuan. The margin of asphalt is not high, which is the standard of the exchange. Generally, futures companies will increase to around 3500 or 4000, depending on the specific company, but asphalt is really not expensive.

The handling fee of asphalt is also cheap, which is 0/10000 1. You can change the margin ratio of the above formula into the handling fee ratio to calculate. Handling fee = 3160 *10 *1%= 3.16.

Are the trends of asphalt and crude oil the same?

Asphalt futures are derivatives of spot crude oil. The price fluctuation of asphalt futures is twice that of crude oil, and the trading rules are the same as spot crude oil.

1, 20-hour trading. There are many trading opportunities and there is no delay in going to work during the day, and you can manage your finances as usual after work at night. The trading time is from 8: 00 am on Monday to 4: 00 am on Saturday, and the crude oil is traded for 20 hours.

2.T+0 trading system. The most flexible trading system, real-time trading. The advantage of T+0 is that you can buy and sell on the same day, and you can trade and warehouse several times on the same day. Investors should use T+0 scientifically and guide their operations according to market trends.

3. Two-way transaction. Expect to go up and do more; Expect to fall, short, and make money in both directions! Two-way is to do more and do shorter directions. If it is expected to rise, buy at a low price and sell at a high price. If it is expected to fall, sell it at a high price and close the position at a low price. Whether it is a bull market or a bear market, there are opportunities for investors to make profits.