At present, only corporate customers in China can deliver futures in kind, and individuals can't deliver futures in kind for the time being. If individual customers do not close their positions in the delivery month, the futures company will force them to close their positions.

If it is a legal person customer, if he does not open the position on the delivery date, he will really deliver or receive the goods. If he doesn't deliver the goods or receive the goods, he will be punished by the exchange (liquidated damages).