This is calculated according to the commodity cycle, such as cotton, one season a year, and now it is 65438+February. This year's acquisition peak season has basically passed, and sales are basically in March-May, so March and May are recent contracts, and the next mature cycle will be after September 20 10, so contracts after September are relatively long-term contracts.

At present, the main contracts of RB are Rb 1005, 100 1- 1004, all of which can be regarded as recent contracts.

In fact, forward contracts and recent contracts are of little significance, mainly depending on whether they are the main contracts and whether they meet the hedging requirements. If it is speculative, look at the main contract.