What are the daily limit of urea futures? How can urea futures be safe?

The proportion of urea futures trading board is 6%.
for example , urea 2205 The settlement price on the day before the contract is 2950 element / Tons of , The price limit ratio of urea futures is ±6%, So that day 2205 The contract limit has risen a total of 177 A little bit (=2950×6%), Urea of the day 2205 The price limit of the contract is 3127 element / Tons of （=2950+2950×6%）.
Then the previous day's urea 2205 The contract starts from the settlement price 2950 To the daily limit 3127,1 Multiple orders of hand urea futures can make a profit 3540 element （=177×20）

Precautions for urea futures trading ：
First of all , Pay attention to position management , This is the core of futures trading
secondly , Pay attention to immediate stop loss
Third , Pay attention to the research and judgment of supply and demand, and try to grasp the operation trend of urea futures price , You can consult the macro 、 Industrial and technical experts , Achieve macro 、 industry 、 The consistent direction of the trinity of technology may have a greater chance of winning . If the direction of macro and industrial contradiction is inconsistent, it is difficult to have a big market , The probability of oscillation is high , You can take a light position or not participate in the transaction .

2020 Urea consumption in China in ：
China is the largest urea consumer in the world .
2020 year , The total consumption of urea in China is 5602.90 Ten thousand tons of （ Including ending inventory 357.84 10000 tons of urea ）.
Among them, consumption in the field of Agriculture 2727 10000 tons of urea , Accounting for% of total urea consumption 52%
The industrial sector has consumed 2046 10000 tons of urea , Accounting for% of total urea consumption 39%.
In addition, the export volume of urea in China is 545 Ten thousand tons of , The proportion in total consumption is 31%.

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