The main factors that determine the supply of a commodity are: commodity price, production technology level, production cost, other commodity price level, market expectation, etc. The supply of commodity market mainly consists of three parts: initial inventory, current output and current import.

2, commodity demand analysis

The main factors that determine commodity demand are: commodity prices, consumer income, consumer preferences, price changes of related commodities, consumer expectations, etc.

3. Economic fluctuation cycle

The price fluctuation in the futures market is not only affected by the domestic economic fluctuation cycle, but also by the world economic prosperity. The economic cycle is mainly judged by some indicators, such as GDP growth rate, unemployment rate, price index and exchange rate. These are all things that futures traders should pay close attention to.

Extended data:

Futures price characteristics

1. Openness of price report

The price reporting system of the futures exchange stipulates that the price of each new transaction reached by the exchange should be reported to the members and their floor brokers in time and made public. Through developed media, traders can know the trading situation and price changes in the futures market in time, judge the price trend in time and further adjust their trading behavior.

2. Futures price expectations

Futures contract is a kind of price signal that constantly reflects the relationship between supply and demand and its changing trend. Futures contracts change hands frequently, so that the emerging prices can constantly reflect the supply and demand situation and changes in the market.