Hedging is a concept belonging to the futures market. First of all, there is no liquor in the domestic futures market. If you want to hedge, you can only start with related varieties, such as wheat, early indica rice, or varieties whose price trend is related to liquor. For example, you can check the price correlation between methanol and liquor. If it is determined that brewing raw materials are used to hedge liquor, then brewing enterprises need to buy wheat in the futures market to hedge its value. This is just a general idea, and the specific operation plan needs to be analyzed in the procurement, production and sales of liquor enterprises. If used properly, it will play a great role in reducing the procurement cost of enterprises. If you operate blindly, because futures are highly leveraged financial instruments, the risks are great.

Finally, personally, if you want to achieve the purpose of hedging through the futures market, or you can achieve it through other trading methods in the industry, the specific way needs to be solved by people in the industry, which is not my specialty.