In international trade, the change of premium and spot price has an impact on the circulation and price of goods. When goods are imported, if a country has a higher discount on goods, then the total price of goods will be higher and the import cost will increase. On the contrary, if a country has a lower discount on this commodity, then the price of this commodity will be lower and the import cost will be lower. At the same time, when commodities are exported, the point price will also have an impact on commodity prices.
In addition, premium and spot price are also closely related to factors such as money market and international trade policy. In the case of currency depreciation or appreciation, the spot price of commodities may change accordingly. When countries implement different trade policies, the premium level will also change. Therefore, in addition to doing a good job in commodity cost and market positioning, understanding the rising and falling trends of premium and spot prices is also an important part of contacting international trade and commodity circulation.