Why is the trading volume of Soybean No.2 futures so small? It is said that the deliverable quantity should be more than soybean 1, and the number of participants should be more, right?
It is precisely because of the huge number of deliverables that it is impossible to speculate. The higher the scarcity of any commodity, the greater the price change. Just like stocks, the number of shares circulating in the four major banks is huge, the price changes little, and the daily turnover rate is also small; However, small-cap stocks have a small circulation and large price fluctuations, so the daily turnover rate is very high.