Agricultural Products Exchange: It is a platform for providing agricultural investment and a circulation service system integrating agricultural products trading, e-finance, warehousing, information and other services, so as to reduce circulation links, reduce the transaction cost of agricultural products and promote the agricultural products trading platform.
Generally speaking, it is to integrate the information of agricultural products and logistics information, and then supply them in time with logistics when the market is good. In addition, for example, after newly introduced agricultural products are put into this market, the exchange can adjust the supply in time from the information of goods in and out to ensure market stability and avoid product backlog.
The meaning of bulk commodities refers to commodities with large output, large transaction volume and large demand. The so-called agricultural products are also one of them. As long as the first three conditions are met, they can be collectively referred to as commodities. Bulk agricultural products mainly invest in corn, cotton, sugar, garlic and other projects with huge demand.
The full name of spot trading is online trading of bulk spot commodities, which is an online transaction with the help of high technology. For example, the price of corn in Jilin Corn Wholesale Center will change at any time. If you buy a batch at the price of 1.265 yuan today (one batch is 10 ton) and sell it at the price of 1.275 yuan tomorrow, you will get a profit of 10 yuan. In a sense, spot trading is an investment way to obtain income by obtaining the price difference. The so-called spot trading can actually be said to be warehouse receipt trading, that is, warehouse receipts are traded in the market. Traders buy and sell standard warehouse receipts through the trading network provided by the exchange, which is a form of transaction between trade and finance. However, not all goods can be traded through warehouse receipts, only those designated by the state, such as peanuts, soybeans, sugar and so on. Generally speaking, only goods with the following attributes can be used as trading varieties of warehouse receipts: first, the price fluctuation is moderate; Second, the supply and demand are large; Third, it is easy to classify and standardize; Fourth, it is convenient for storage and transportation.
Trading rules of spot warehouse receipts: This transaction is based on the principle of "openness, fairness and justice", and members are organized to use warehouse receipts as the trading target through the Internet. Within the time specified by the market, traders enter the market trading system to give trading instructions and make free quotations, which are automatically matched by the trading system according to the principle of price priority and time priority. Traders generally earn the difference through multiple transactions. The spot market stipulates the final delivery date of each trading variety, and the spot market also implements the delivery system at any time. If the buyer and seller deliver the goods in advance before the final delivery date. Traders who make early delivery apply for delivery through the trading system of the exchange, and can only make delivery after the approval of the exchange and successful delivery. The exchange sets the delivery date for the trading varieties of spot warehouse receipts of various commodities, and the commodities delivered by buyers and sellers on the final delivery date are scheduled delivery.