The term "low futures index" is widely used to describe a phenomenon in the futures market, that is, the short-term contract price is lower than the long-term contract price. In the futures market, the transaction price in prosperity and depression will be affected by many factors, such as supply and demand, policy changes, macro-environment and so on. When the market expects the future supply to increase, the long-term contract price will rise accordingly, while the short-term contract price will usually be lower than the long-term contract price due to the influence of oversupply. This phenomenon is called low futures index.

Low futures price means that the short-term price is lower than the long-term price. This phenomenon has appeared in many markets, such as soybeans, crude oil, gold and copper. This phenomenon may be due to seasonal factors, such as the need for more energy supply in winter, which will lead to short-term price increases. In addition, policy changes, macroeconomic environment, etc. It is also the reason for the low water level of the futures index. The characteristics and causes of the mid-term low tide in the futures market are different and need to be analyzed according to different market conditions.

The impact of low futures index on the market is also very complicated. On the one hand, it means that long-term contracts are more profitable, in which case investors can get more profits. However, low-term index will also lead to waste of market resources, because short-term contracts are cheap, but they need to bear higher transaction costs and position costs. Faced with the phenomenon of low futures index, investors can take various countermeasures, such as buying forward contracts, financing and operating futures arbitrage. In short, the phenomenon of low futures index is a common phenomenon in the futures market, which has both opportunities and risks for investors and needs to be handled with caution.