Chinese name Bulk Stock is also called FI special point in mbth. Catalogue of agricultural and sideline products, metals and chemical products with large price fluctuations and large supply and demand 1 characteristics 2 categories 3 transactions? Futures? Spots? Electronic 4 market? Trend? Ring chain? Status quo? Overall situation 5 Influence feature editing 1: The price fluctuates greatly. Only when commodity prices fluctuate greatly, traders who intend to avoid price risks need to use forward prices to determine prices first. For example, some commodities are subject to monopoly prices or planned prices, and the prices are basically unchanged. There is no need for commodity operators to use futures trading to avoid price risks or lock in costs. Second, the supply and demand are large. The function of the futures market is based on the extensive participation of both the supply and demand sides of commodities. Only goods with large spot supply and demand can fully compete in a wide range and form authoritative prices. Third, it is easy to classify and standardize. The quality standard of the delivered goods is stipulated in the futures contract in advance. Therefore, futures varieties must be commodities with stable quality, otherwise, it will be difficult to standardize. Fourth, it is convenient for storage and transportation. Commodity futures are generally long-term delivery commodities, which requires these commodities to be easy to store, not easy to deteriorate and convenient to transport, so as to ensure the smooth delivery of futures. At the same time, commodities have five characteristics: 1, large supply and demand, origin, raw materials, unified national price limit, and affecting the national economy and people's livelihood.
There are about 20 kinds of agricultural and sideline products, including tea, apples, corn, soybeans, wheat, rice, swallowtail wheat, barley, rye, pork breast, pigs, live cattle, calves, soybean flour, soybean oil, cocoa, coffee, cotton, wool, sugar, orange juice, rapeseed oil and eggs, including soybeans, corn and eggs. 10 metal products: including gold, silver, copper, iron, aluminum, lead, zinc, nickel, palladium and platinum. 5 kinds of chemical products: crude oil, heating oil, unleaded gasoline, propane, natural rubber, etc.
Transaction editor
Futures Shanghai futures: copper, aluminum, zinc, natural rubber, fuel oil and gold; Dalian futures: soybean, soybean meal, corn, soybean oil, palm oil, plastics and coke. Zhengzhou futures: hard wheat, strong gluten wheat, sugar, cotton, PTA, vegetable oil and methanol. Commodities can be designed as futures, and options can be traded as financial instruments, which can better realize price discovery and avoid price risks. Because commodities are mostly industrial bases and at the forefront, the changes in futures and spot prices reflecting their supply and demand will directly affect the entire economic system. For example, rising copper prices will increase the production costs of electronics, construction and power industries, while rising oil prices will lead to rising prices of chemical products and push up the prices and supply of other energy sources such as coal and alternative energy. Investors, especially those who invest in related industries, should pay close attention to the supply and demand of commodities and price changes.