Delivery warehouse refers to the commodity storage area specially set up by the futures exchange in the main producing area or main consumption area, which is used for physical delivery of contracts entering the delivery period, so as to facilitate the buyers and sellers of contracts to handle the payment and complete the transaction.

Delivery warehouse is a futures service organization that provides delivery service and generates standard warehouse receipts when futures products enter the physical delivery link.

In China, delivery warehouse, also known as designated delivery warehouse, refers to the delivery place designated by the futures exchange for physical delivery of futures contracts. The delivery of futures trading is organized by the futures exchange. The futures exchange shall not limit the total amount of physical delivery, and shall sign an agreement with the delivery warehouse to clarify the rights and obligations of both parties.

The daily business of the designated delivery warehouse is divided into three stages: commodity warehousing, commodity storage and commodity delivery. Designated delivery and outbound delivery shall ensure that futures delivery commodities have priority in warehousing and delivery.