Every commodity in futures has a different month, and in which month should the commodity be delivered? In order to facilitate centralized transactions, most commodities are the main contracts for three months a year, generally 1, May and September. Of course, the main months of some commodities are different, and non-ferrous metals are the main contracts for next month.

Take silver as an example. It's February. Now the main contract of Shanghai Commodity Exchange is June, and the next main contract is 65438+February. Now most people will make silver in June, and in April and May, because the silver in June will be delivered, so they will make silver in 65438+February.

Because commodity futures trade goods, in the current month, the contract is delivered in the current month, the seller delivers the goods, and the buyer pays all the funds needed for the current price. Contracts will be delisted, unlike stocks. Of course, most people will not deliver, so they will close their positions in advance to make the next main contract.

The main contract has many participants, large turnover and strong liquidity. Now the main contract for silver is June. If you buy or sell, you will choose silver futures in June for trading. Trading is the price of silver in June. Therefore, friends who have never done futures should pay attention, which is very different from stocks.

If you want to see which is the main contract, just look at the volume and position.