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Is Maotai a commodity?
Don't belong.

Commodities include three categories, namely energy commodities, basic raw materials and bulk agricultural products, such as crude oil, non-ferrous metals, agricultural products, iron ore and coal.

Maotai liquor belongs to the food category in light industrial products. Commodities can be designed as futures, and options can be traded as financial instruments, which can better realize price discovery and avoid price risks. Because commodities are mostly industrial bases and at the forefront, the changes in futures and spot prices reflecting their supply and demand will directly affect the entire economic system.