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What's the difference between futures bean one and bean two?
The difference between futures bean 1 and bean 2 is: different subject matter, different uses, different quality standards, different price fluctuation factors and different contract rules.

1, with different themes: bean 1 refers to domestic non-GM soybeans, and bean 2 refers to imported GM soybeans and domestic GM soybeans.

2. Different uses: beans 1 are mainly used for eating, such as making bean products and soybean milk. ; The second bean is mainly used to extract oil.

3. Different quality standards: the quality standards of bean art are relatively high, and there are strict requirements for impurities and moisture of soybeans; The quality standard of bean 2 is relatively loose.

4. The price fluctuation factors are different: the price of soybean 1 is greatly influenced by domestic supply and demand, policies and other factors; The price of soybean 2 is more influenced by factors such as soybean price in the international market and import policy.

5. Different contract rules: Bean I and Bean II are different in contract specifications and delivery methods. Specific rules can be found in official website of the Futures Exchange.

6. Leguminosae is a plant of the genus Cucurbita. A family of dicotyledonous plants, including woody and herbaceous plants, such as rosewood, Sophora japonica, soybean, mung bean, red bean, pea and peanut. It is generally called beans in daily life, and also refers to the seeds of these plants: beans, beans, pods (beans), soybean milk, and green beans.