If you can buy futures copper, there is no possibility that you can't buy physical copper. Have the ability to pay the bill but can't buy the goods, you can force positioning. Actually, you can definitely buy it. It's just that futures are out of stock, and the latest one will take a month to deliver, and the farther one will take half a year to deliver. If you think that the copper price is cheaper than the cost now, you may not know that it will be lower than this price in half a year. You can only lose money if you buy it. If you can guarantee that it will be higher than this price after half a year, you can buy it boldly and you can rest assured that someone will sell yours. If it can't be delivered, congratulations, you can open a position by force.

Shanghai copper itself is not in stock, and the latest price is one month later, which has practical significance. At present, the commodity market is in great turmoil, the financial crisis is getting worse and worse, and the economic crisis is gradually enlarging. It is normal for futures prices to fall, and nothing is meaningless. On the contrary, if the enterprise hedged more than 60,000 yuan earlier, there is no need to worry about the price drop now.