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HOT ROLLED COILS
Hot-rolled coils are made from steel billets that are first heated in a furnace and then fed through roughing mills and finishing mills into wide strips. Hot-rolled coils have outstanding strength and toughness and are readily processed and welded. They are widely used in the production of cold-rolled substrates, shipbuilding, and automotive manufacturing.

Hot Rolled Coils Futures Contract

Hot-rolled coils are broadly classified into medium-thick wide strips, hot-rolled thin wide strips, and hot-rolled sheets. Out of the three, medium-thick wide strip is the most representative and accounts for two-thirds of the total production. It is also the underlying of the hot-rolled coil futures listed on SHFE.

Business Data

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  • Contract
  • Trading
  • Settlement
  • Delivery
Trading Day:2024-05-09 Update:2024-05-09 00:31:09
Contract Code Listing Date Expiration Date First Delivery Day Last Delivery Day Benchmark Price
hc2405 20230516 20240515 20240516 20240517 3614
hc2406 20230616 20240617 20240618 20240619 3697
hc2407 20230718 20240715 20240716 20240717 3665
hc2408 20230816 20240815 20240816 20240819 3718
hc2409 20230918 20240918 20240919 20240920 3807
hc2410 20231017 20241015 20241016 20241017 3676
hc2411 20231116 20241115 20241118 20241119 3933
hc2412 20231218 20241216 20241217 20241218 4017
hc2501 20240116 20250115 20250116 20250117 3959
hc2502 20240220 20250217 20250218 20250219 3878
hc2503 20240318 20250317 20250318 20250319 3669
hc2504 20240416 20250415 20250416 20250417 3775
Trading Day:2024-05-09 Update:2024-05-09 00:31:20
Code Margin Rate
Limit Up(%) Limit Down(%)
Long Speculation(%) Short Speculation(%) Long Hedging(%) Short Hedging(%)
hc2405 15 15 15 15 5 5
hc2406 10 10 10 10 5 5
hc2407 7 7 6 6 5 5
hc2408 7 7 6 6 5 5
hc2409 7 7 6 6 5 5
hc2410 7 7 6 6 5 5
hc2411 7 7 6 6 5 5
hc2412 7 7 6 6 5 5
hc2501 7 7 6 6 5 5
hc2502 7 7 6 6 5 5
hc2503 7 7 6 6 5 5
hc2504 7 7 6 6 5 5
Note:
  1.The transaction fee for closing out the position opened on the same day=the haircut rate for closing out the position opened on the same day * transaction fee, which is waived then the value is zero.
  2.Transaction fee for Hot Rolled Coils futures shall refer to the rate of transaction fee.
Trading Day:2024-05-09 Update:2024-05-09 00:31:40
Code Settle Fee
Percentage
(‰)
Trans Fee
(RMB/lot)
Delivery Fee
(RMB/ton)
Margin Rate Discount Rate
for Closing-out
Today’s Position (%)
Long
Speculation(%)
Short
Speculation(%)
Long
Hedging (%)
Short
Hedging (%)
hc2405 3781 0.100 0 0 15 15 15 15 100
hc2406 3812 0.100 0 0 10 10 10 10 100
hc2407 3820 0.100 0 0 7 7 6 6 100
hc2408 3830 0.100 0 0 7 7 6 6 100
hc2409 3832 0.100 0 0 7 7 6 6 100
hc2410 3834 0.100 0 0 7 7 6 6 100
hc2411 3833 0.100 0 0 7 7 6 6 100
hc2412 3833 0.100 0 0 7 7 6 6 100
hc2501 3827 0.100 0 0 7 7 6 6 100
hc2502 3861 0.100 0 0 7 7 6 6 100
hc2503 3844 0.100 0 0 7 7 6 6 100
hc2504 3848 0.100 0 0 7 7 6 6 100
Trading Day:2024-05-09Update:2024-05-09 00:32:29
Code Delivery and Settlement Price Delivery Margin
Rate(%)
Physical Delivery
Unit Price(RMB/ton)
First Delivery Day Last Delivery Day
Tax-paid Bonded
hc2405 20 0 20240516 20240517
hc2406 20 0 20240618 20240619
hc2407 20 0 20240716 20240717
hc2408 20 0 20240816 20240819
hc2409 20 0 20240919 20240920
hc2410 20 0 20241016 20241017
hc2411 20 0 20241118 20241119
hc2412 20 0 20241217 20241218
hc2501 20 0 20250116 20250117
hc2502 20 0 20250218 20250219
hc2503 20 0 20250318 20250319
hc2504 20 0 20250416 20250417
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Delayed Market Data

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Contract Last Chg Open Interest Volume Tas Volume Turnover Bid-Ask Pre-clear Open Low High Chart
{{item.contractname}} {{item.lastprice | toFixedNum(decimal_number)}} {{item.upperdown | toFixedNum(decimal_number)}} {{item.openinterest}} {{item.volume}} {{tas_obj[item.contractname]==null||tas_obj[item.contractname]==""?"--":tas_obj[item.contractname]}} {{item.turnover | toFixedNum(turnover_decimal_number)}} {{item.bidprice | toFixedNum(decimal_number)}}/{{item.askprice | toFixedNum(decimal_number)}} {{item.presettlementprice | toFixedNum(decimal_number)}} {{item.openprice | toFixedNum(decimal_number)}} {{item.lowerprice | toFixedNum(decimal_number)}} {{item.highprice | toFixedNum(decimal_number)}}
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Statistics Data

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  • Daily Express
  • Daily Ranking
  • IPA
  • Daily Warrant
  • Settlement PRA.
SHFE Futures Contracts Quotation

Date:2024-05-09


Note:
1. Quoted Price: RMB yuan/ton for Hot Rolled Coils.
2. Unit Price: 10 tons/lot for Hot Rolled Coils.
3. The unit of trading volume, open interest and change of positions is lot, which is counted as one-sided. The unit of turnover is RMB 10,000, which is counted as one-sided.
4. price change 1=closing price-settlement price of previous day ; price change 2=settlement price - settlement price of previous day.
5. Futures trading volume and turnover including that of self-trades.
6.Before the settlement of the contract, its volume or turnover does not include that from TAS; After the settlement of the contract has finished, the TAS volume or turnover will be counted into the volume or turnover of the contract.
Delivery month
{{item.DELIVERYMONTH | translation}}
Delivery monthPre settleOpenHigh LowCloseSettlech1ch2 TAS Volume Volume Turnover O.I & Change
Delivery monthPre settleOpenHigh LowCloseSettlech1ch2 TAS Volume Volume Turnover O.I & Change
{{item.DELIVERYMONTH | translation}} {{item.PRESETTLEMENTPRICE | toFixedNum1}} {{item.OPENPRICE | toFixedNum1}} {{item.HIGHESTPRICE | toFixedNum1}} {{item.LOWESTPRICE | toFixedNum1}} {{item.CLOSEPRICE | toFixedNum1}} {{item.SETTLEMENTPRICE | toFixedNum1}} {{item.ZD1_CHG | toFixedNum1 }} {{item.ZD2_CHG | toFixedNum1 }} {{item.TASVOLUME }} {{item.VOLUME}} {{item.TURNOVER | toFixedNum(2)}} {{item.OPENINTEREST }} {{item.OPENINTERESTCHG}}
SHFE Futures Contracts Quotation

Date:2024-05-09


Note:
1. Quoted Price: RMB yuan/ton for Hot Rolled Coils.
2. Unit Price: 10 tons/lot for Hot Rolled Coils.
3. The unit of trading volume, open interest and change of positions is lot, which is counted as one-sided. The unit of turnover is RMB 10,000, which is counted as one-sided.
4. price change 1=closing price-settlement price of previous day ; price change 2=settlement price - settlement price of previous day.
5. Futures trading volume and turnover including that of self-trades.
6.Before the settlement of the contract, its volume or turnover does not include that from TAS; After the settlement of the contract has finished, the TAS volume or turnover will be counted into the volume or turnover of the contract.
Delivery month Pre settle Open High Low Close Settle ch1 ch2 TAS Volume Volume Turnover O.I & Change
{{item.DELIVERYMONTH | translation}} {{item.PRESETTLEMENTPRICE | toFixedNum1}} {{item.OPENPRICE | toFixedNum1}} {{item.HIGHESTPRICE | toFixedNum1}} {{item.LOWESTPRICE | toFixedNum1}} {{item.CLOSEPRICE | toFixedNum1}} {{item.SETTLEMENTPRICE | toFixedNum1}} {{item.ZD1_CHG | toFixedNum1 }} {{item.ZD2_CHG | toFixedNum1 }} {{item.TASVOLUME }} {{item.VOLUME}} {{item.TURNOVER | toFixedNum(2)}} {{item.OPENINTEREST }} {{item.OPENINTERESTCHG}}
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