I feel more likely to talk nonsense. For spot traders, investing in futures is generally to preserve value. They either hold the spot themselves or buy it in the future. Of course, there are also people who directly participate in futures delivery, but at each delivery period, the sales orders held do not match. How can he know that the opponent's goods are abroad! Second, futures are standardized contracts with guaranteed price and quality. Actually, you can also participate in futures. First, it can avoid the price risk. Secondly, you can also participate in delivery. Finally, as a spot dealer, you have an advantage over others in grasping commodity prices, and the risk of participating in speculation is much smaller than that of ordinary investors! What don't you know about hedging? We can talk about it in detail!