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guangjin futures bottle flakes special report: bottle flakes futures first day trading strategy 20240829

2024-08-30

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source: guangdong gold futures

core viewpoint

bottle flakes futures will be listed on the zhengzhou commodity exchange on august 30, 2024. the listed contracts are pr2503, pr2504, pr2505, pr2506, pr2507 and pr2508. the margin standard for futures contract trading is 8%, and the price limit is ±7%. the price limit on the listing day is ±14% of the contract listing base price. it is expected that the more active contracts after the listing of bottle flakes will be the near-month contract pr2503 and the traditional main contract pr2505.

the benchmark listing price of bottle flakes futures is 6,850 yuan/ton. one lot of bottle flakes futures contract is 15 tons. the estimated margin is 8,220 yuan/lot. the price limit range is [5,892,7,810].

from the perspective of absolute price and processing difference, the listed benchmark price of bottle chips is on the high side.

therefore, it is recommended to focus on the following strategies.

strategy 1: short-selling bottle chips at high prices.

for ordinary traders, they can trade on the first day of listing based on the logic that the benchmark price of bottle chips is higher than the spot price. the current futures listing price is 200 yuan/ton higher than the current price. from a fundamental perspective, new bottle chip plants will continue to be put into production in the future, and the downstream industry will enter the off-season, and demand will continue to decline. it is expected that bottle chips will operate weakly.