The pricing power of futures is embodied in the existence of natural persons who hedge and speculate in the futures market. In this way, the price of a certain variety is set at a reasonable position, because there are both large liquidity brought by large enterprises in the industry and speculation. It will not allow large enterprises to monopolize direct pricing, nor will it allow too many speculators to cause confusion in price trends. (1) The futures contract itself indicates the price.

(2) The essence of futures pricing power should refer to; Competing for the pricing power of the subject matter through futures contracts

(3) At present, China urgently needs pricing power: the pricing power of bulk raw materials: oil; Iron ore;