(1) Speculators are an indispensable part of the futures market. Only hedgers without speculators can not form a futures market.

(2) It enables the hedger to transfer the price risk and has the functions of bearing the price risk and dispersing the risk;

(3) making the market fully mobile is conducive to the formation of futures prices on the basis of more detailed and faster information;

(4) Reducing the price fluctuation in the futures market;

(5) Keep the futures market and spot market prices in a reasonable relationship, and the delivery months are basically close;

(6) Straighten out the price comparison of futures varieties, regional price difference and seasonal price difference.

I hope it will help you, and I hope it will be adopted ~