1 I don't quite understand what you mean. Futures prices are the result of transactions between buyers and sellers. I guess you mean how much did you end up spending? Well, you should pay the deposit first (usually 10%, steel is special, it is 65438+ 0.3 of the current price as the deposit. ) on the delivery date (that is, the day you get the goods), the deposit will be refunded to you, and then the settlement price (that is, the average price of the day or a few days, different varieties are different, how to calculate it clearly online. For example, when entering the official website of Shanghai Futures Exchange, all the money and goods are cleared.
The minimum order quantity of steel is 10 ton, which is called "first hand" in futures trading. It should be noted that only integers such as 10 ton, 20 ton and 30 ton can be ordered, but 25 ton cannot be ordered.
I made it very clear just now that no matter how much you set, the margin is 65438+ 0.3 of the current price (some futures companies will be higher, and the minimum is so low. )
It is stipulated that goods should be delivered on the Shanghai Futures Exchange, and futures trading does not provide door-to-door service. . . The specific address is clearly written on the official website of Shanghai Futures Exchange. . .
As I said just now, the name settlement price is a bluff, but it is actually the average price for several days or hours a day. I can't tell you this in detail, because every contract and every product are different, and the exchange often changes the specific calculation rules, so you can only check it on the website of Shanghai Futures Exchange.
First of all, you should open an account in a futures company, but remember not to open a speculative account (I call it a speculative account because there are no investors in futures). If you want to open a hedging account (full name is hedging account), there is nothing else to pay attention to.
Also, you should know that futures are standardized contracts. You can't specify that you want Baosteel's goods, but you can rest assured that all the goods are of the same quality. In addition, China Futures does not allow individuals to participate in delivery (that is, you can't place an order if you are an individual), and you can only place an order in the name of an enterprise. Also, in the futures market, only rebar and wire can be ordered, and other things such as hot rolling and cold rolling cannot be ordered.
Besides, I read your supplementary question, and I don't know where you got the information, but it's absolutely wrong. Please believe me! Also, according to the information you said (35-50T, deposit 10-30%, etc. ), the market you are looking for is the forward spot market such as Nishimoto Shinkansen, not the futures market.
I don't think anyone can write in more detail than me. I guarantee that everything I said is correct. If you don't understand, just ask me again. Please share with me. . . I also have a lot of questions to ask, but I didn't score. . . Thank you~