Plastic futures is a kind of commodity futures, which provides hedging for spot traders. Spot traders buy or sell futures contracts with the same variety and quantity as those traded in the spot market, but in the opposite direction, in order to compensate for the actual price risk brought by the price changes in the spot market by selling or buying such futures contracts at some future time. The five common plastics are PE, PVC, PP, PS and ABS.

Futures price refers to the price of the subject matter of futures contracts formed through open bidding in the futures market. Futures price refers to the price at which the buyer and the seller agree to implement delivery on a certain date after the transaction is established. Futures trading is a kind of forward delivery (three months, six months, one year, etc.). ) according to the time, place and quantity specified in the contract. Its biggest feature is that trading and delivery are not synchronized, and delivery is carried out after a certain period of trading.

Tips:

1. The above contents are for reference only and do not make any suggestions.

2. There are risks in entering the market, so investment needs to be cautious. Before making any investment, make sure that you fully understand the investment nature and risks involved in the product, and then judge whether to participate in the transaction by yourself after carefully understanding and evaluating the product.

Reply time: 2021-11-30. Please refer to the latest business changes announced by Ping An Bank in official website.