Futures are commodities to be delivered in the future, not spot.

2. Every futures contract has a buyer and a seller. Only when both the buyer and the seller exist can the contract be concluded. The seller refers to the party selling the subject matter agreed in the futures contract, and the buyer refers to the party buying the subject matter agreed in the futures contract.

3. For example, Party A and Party B have concluded a copper 140 1 contract. A copper contract is 5 tons. A is the buyer and B is the seller. Then Party B will hand over 5 tons of copper to Party A in the specified month 14+08, and Party A will settle the payment to Party B when it expires. Both parties need to pay a performance bond (more than 20,000 copper).