Domestic Commodity Futures Opens Night Iron Ore Rises More Than 4%

Domestic commodity futures opened at night, up more or less, iron ore rose more than 4%, Zheng coal, PVC and so on rose more than 3%, international copper, threads, etc. rose more than 1%, rubber, beans and other slight rise; only starch, palm and other a few varieties fell slightly.

Zheng Shang issued an announcement on the 10th, after research and decision, the trading margin standard of the thermal coal futures 2302 contract is 30%, and the range of the stop plate is 10%. The transaction fee standard for the thermal coal futures 2302 contract is 120 yuan / lot, and the transaction fee standard for intraday closing position is 120 yuan / lot. The maximum number of non-futures company members or customers opening a position on a thermal coal futures 2302 contract in a single day is 50 lots. For non-futures company members or customers who exceed the trading limit for the first time, Zheng Shang is required to report the relevant situation and take regulatory measures to suspend the opening of positions for not less than 5 trading days. （

Financial data for January exceeded expectations

At the end of January, the balance of broad money (M2) was 243.1 trillion yuan, an increase of 9.8% year-on-year, and the growth rate was 0.8 and 0.4 percentage points higher than the end of the previous month and the same period of the previous year, respectively, with an estimated 9.2% and a previous value of 9%. The balance of narrow money (M1) was 61.39 trillion yuan, down 1.9% year-on-year, excluding the impact of the Spring Festival timing factor, M1 increased by about 2% year-on-year. The balance of currency (M0) in circulation was 10.62 trillion yuan, an increase of 18.5% year-on-year. Net cash injection for the month was 1.54 trillion yuan.

China's new RMB loans in January were 3,980 billion yuan, the highest point in single-month statistics, an increase of 394.4 billion yuan year-on-year; it is expected to be 3,700 billion yuan, compared with a previous value of 1,131.8 billion yuan. By sector, household loans increased by 843 billion yuan, of which short-term loans increased by 100.6 billion yuan, medium- and long-term loans increased by 742.4 billion yuan; enterprise (business) unit loans increased by 3.36 trillion yuan, of which short-term loans increased by 1.01 trillion yuan, medium- and long-term loans increased by 2.1 trillion yuan, bill financing increased by 178.8 billion yuan; non-banking financial institutions loans decreased by 141.7 billion yuan.

China's social financing scale increased by 6,170 billion yuan in January, estimated at 5,385 billion yuan, compared with 2,368.2 billion yuan in the previous value. According to ifnd data, the new social finance has reached a record high.