When looking at the futures market, why pay attention to the main contract instead of the recent contract? Does futures affect spot or spot affect futures more?
Pay attention to the main contract because in this futures market, the main force must have the final say. Futures and spot should be interactive, and futures should be the development trend of commodities. Generally speaking, futures have a greater impact on the spot. If futures are allowed to regulate the spot market, the price fluctuation will not be so great.