At present, China's soybean import trade generally adopts the point price model. To put it simply, after the soybean trade contract is signed, the two parties do not immediately pay for the goods, but the buyer determines the corresponding CBOT soybean contract futures price for a certain day as the settlement price of the goods within the agreed time.

For example, one day after signing the contract, the buyer thinks that the current futures price can't go any further, so he informs the seller to calculate the spot trading price with the futures price at this time. This is the process of pricing.