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How many tons is the entry-level futures? Is the latest price on the futures software 1 lot or 1 ton?
Let me answer them one by one.

Futures agricultural products are generally 10 ton, corn, wheat, soybean, palm oil, soybean oil, indica rice, sugar and soybean meal are all 1 ton, except rapeseed oil and rubber, which are 5 tons.

Futures industrial products and chemicals are generally five tons, including copper, zinc, aluminum, plastics, polyvinyl chloride, linear low-density polyethylene and purified terephthalic acid. Excluding rebar and fuel oil, each lot 10 ton. Gold skill1000g. The upcoming lead is 25 tons.

The latest price of futures software is the price per ton of the futures product. For example, the latest price of sugar is 6986, which means that the latest price of a ton of sugar is 6986 yuan per ton.

The unit of gold futures is per lot1000g, and the latest price of gold is the latest quotation per gram of gold. For example, the latest price of gold is 299.05, which means that the latest price of gold is 299.05 yuan per gram, so the first hand is 299,050 yuan.

The "designated time" for compulsory liquidation refers to before the close of the day, that is, before 3 pm. General futures companies will call customers to inform them of the risk of holding positions before closing. Customers can choose to close their positions or add funds to ensure the normal performance of the contract.

If you have any questions you don't understand, you can keep asking me.