Moving location refers to the transaction of moving the existing location forward or backward, also known as moving location. The specific operation method is to close positions in the near future or in the long term and re-establish positions in the same direction and quantity. The so-called "changing positions for the month" refers to closing the original futures contract near the delivery month and establishing a new futures contract position in the most active month.

When will futures go down?

Futures contracts are generally valid, and investors can only close their futures by closing their positions or entering futures delivery. Usually only institutional investors with spot background can participate in the delivery of commodity futures, and individual investors can't. Therefore, when the maturity date approaches, investors can move their positions if they don't want to close their future positions. When the futures contract approaches the delivery date, there will be a short period of time: the number of a small number of open forward contracts is greater than the number of main contracts, while the forward contracts increase the positions and trading volume. The main contract lightens the position, which is the consequence of moving the position.