(2) Economic cycle. In the futures market, price changes are also affected by the economic cycle, and price fluctuations will occur at all stages of the economic cycle.
(3) Seasonal factors. Many futures commodities, especially agricultural products, have obvious seasonality, and their prices fluctuate with the changes of seasons.
(4) Factors of financial market changes. In the process of world economic development, the fluctuation of inflation, currency exchange rate and interest rate has become a common phenomenon in economic life, which has brought increasingly obvious influence on futures market and commodity futures.
(5)** policy. Some policies and measures formulated by the state will have different degrees of impact on the futures market price.
(6) Political factors. The futures market is very sensitive to the change of political climate, and the occurrence of various political events will often have different degrees of impact on prices.
(7) Social factors. Social factors refer to the public's ideas, social psychological trends and the information influence of the media.
(8) Psychological factors. The so-called psychological factors are traders' confidence in the market, commonly known as "popularity". If you are optimistic about a commodity, even if there are no obvious favorable factors, the price of the commodity will rise; When bearish, there is no obvious bearish news, and the price will also fall. Another example is that some big market participants and bookmakers often use people's psychological factors to spread some news and artificially buy or sell in large quantities to seek speculative profits.