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Is the copper price in the delivery period consistent with the market?
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The price of futures is the possible price in a future month. For example, it is August, so there are different futures varieties in the futures, such as September and 65438+February, which represent the current market forecast of copper prices in September and 65438+February respectively.

As time approaches, the futures price that is about to expire will be close to the spot price.

In other words, the futures price is the embodiment of the future spot price.