Converting the warehouse to the center means taking out the positive price difference between the near-month futures and the far-month futures before the specified date of warehouse conversion of commodity futures. Next, when the fund manager carries out the transfer transaction, he still has to crustily skin of head to make the transfer in the face of the existing positive price difference.

Generally, the warehouse transfer of transshipment means that user A voluntarily transfers the ownership of the package that has been put into storage to user B or user C, so as to realize the mutual transfer of transactions in the warehouse.

Transfer method:

Before the designated warehouse transfer date of commodity futures, first pull out the positive price difference between near-month and far-month futures (trading instructions: buy far-month, short near-month). Next, when fund managers trade positions, they still have to bite the bullet and trade positions in the face of the existing positive spread (trading instructions: buy far months and short near months).

"Speculators" who have already opened positions will transfer their positions to commodity funds (trading instructions: sell far months and buy near months). This kind of trading action happens to be the opponent of fund managers, contrary to the positions they have established, and the positions are cleared smoothly. The positive price difference between near and far futures makes commodity funds have to "buy high and sell low" (loss-making party), and speculators will also "buy low and sell high".