Futures is a standardized tradable contract, based on some popular products, such as cotton and soybeans. And financial assets such as stocks and bonds. Futures delivery dates have different deadlines, and the price difference can also be used for speculative arbitrage. Generally speaking, different investment directions have different factors affecting futures prices. What are the factors that affect the futures price?

1, spot price

The first is the spot price, which is the main factor that determines the final price of futures. Spot price is determined by seasonal supply and demand changes, economic cycle and other factors.

2. Supply and demand

The relationship between supply and demand has always been the focus of the futures market. When the market is in short supply, the price will rise sharply. When the market is oversupplied, prices naturally fall.

3. Popular psychology

Public psychology is also an important factor in determining futures prices. The public psychology here is not only the change of investors' positions, but also the needs of ordinary consumers. Understanding public psychology can effectively analyze the market and find profit opportunities.

4. Government policies

Government policies determine the trend of futures prices, and the futures market is very sensitive to changes in the political environment, and various relevant regulations or hot spots will have different degrees of impact on prices.