First of all, the futures price and the spot price are based on the same target, both of which follow the basic price law of the market and are highly synchronized. Secondly, due to the participation of a large number of speculators, the futures market is very active, and the market fluctuation will be slightly greater than the spot market. Moreover, because the transaction is hot, it is often sensitive to policies and macro news that can affect the price, and the price changes before the spot market.

Spot price and futures price futures price refers to the price of the subject matter of futures contracts formed through open bidding in the futures market.

Futures price refers to the price at which the buyer and the seller agree to implement delivery on a certain date after the transaction is established. Futures trading is a kind of forward delivery (three months, six months, one year, etc.). Sell specific goods according to the price and quantity specified in the contract. The characteristic of drunkenness is that the transaction and delivery are not synchronized, and the transaction is delivered after a certain period of time. As the market changes rapidly, commodity market prices often change, and futures transactions are settled at pre-agreed prices, the market price at the time of delivery is often inconsistent with the transaction price, so that buyers and sellers benefit one side and lose the other.

Spot trading is a kind of trading behavior that is exchanged immediately after the transaction is completed. Generally, the buyer pays immediately, but it can also be paid in installments and delayed delivery. Due to different payment methods, the same spot may have different prices at the same time.