Futures P 1009 is a futures contract launched by CICC, which is called "PVC first month contract". PVC, the abbreviation of polyvinyl chloride, is an important chemical raw material, which is widely used in manufacturing plastic products, building materials, cables and other fields. P 1009 represents the expiration month of the futures contract, that is, September of each year. Therefore, the P 1009 contract can be understood as a PVC futures contract traded in CICC in September.

The main function of PVC futures contracts is futures trading, that is, risk management or speculation by buying and selling PVC futures contracts. The trading price of PVC futures contracts is influenced by many factors, including supply and demand, trading sentiment, raw material prices and so on. In addition, PVC futures contracts also have anti-inflation characteristics, which can help investors hedge inflation risks.

It is necessary for investors to understand and learn about PVC futures contracts. First of all, PVC futures contract is a financial derivative and one of the important trading varieties in the market. Secondly, studying PVC futures contracts can help investors make decisions on the basis of grasping market trends and improve investment efficiency. In addition, learning PVC futures contracts can also increase investors' understanding and cognitive level of financial markets and improve their financial quality.