Cancel the warehouse receipt, cancel the existing warehouse receipt, cancel the warehouse receipt is to turn the warehouse receipt into cash, which will give people an illusion, because ordinary investors don't know whether the cancelled warehouse receipt has been taken away by others or still exists in the warehouse.

And registering warehouse receipts is the opposite process.

Cancellation of warehouse receipt is an important index to measure the increase or decrease of inventory, and the increase of this index means that the inventory will decline in the future.

Extended data:

The cancellation of warehouse receipts is also one of the important tools for the makers (or the main holders of warehouse receipts) involved in futures trading to manipulate the futures price trend. They mainly change the inventory quantity announced by the exchange by registering and canceling warehouse receipts.

Standard warehouse receipt refers to the physical delivery certificate issued by the delivery warehouse designated by the exchange to the shipper after being uniformly formulated by the exchange and confirmed to be qualified by the warehousing acceptance.

Making warehouse receipt is the process of converting the goods that meet the standard contract into standard warehouse receipt, which generally needs to go through delivery forecast, goods warehousing, acceptance, designated delivery warehouse issuance, exchange registration and other links.

References:

Baidu encyclopedia cancels warehouse receipt