Futures, commonly referred to as futures contracts, are standardized contracts made by exchanges and agreed to deliver a certain number of subject matter at a certain time and place in the future, and are the objects of futures trading. To put it bluntly, futures are not commodities, but standardized contracts.

Futures can be roughly divided into the following categories:

1. Agricultural futures: Agricultural futures have always been the mainstream of the futures market. From the subject matter, agricultural products futures can be mainly divided into: grain futures, cash crop futures, livestock products futures and forest products futures;

2. Metal futures: Metal futures is one of the more mature futures products in the world futures market today, and it also occupies a large proportion in China's futures market. Metal futures can be divided into precious metals and non-ferrous metals. Among them, precious metals include gold and silver futures contracts, and non-ferrous metals include copper, lead, aluminum, zinc, tin and nickel futures contracts.

Third, energy futures: energy futures are a very important part of commodity futures, and their influence is not lower than that of the spot market. At present, the more important commodities are light crude oil, heavy crude oil and fuel oil; Emerging varieties include temperature and carbon dioxide emissions.

4. Chemical futures: Chemical futures started late in China, and its products include contracts such as polyethylene, polyvinyl chloride and polypropylene.

Verb (abbreviation of verb) financial futures: In the world financial futures market, financial futures mainly include the following categories: interest rate futures, currency futures, stock index futures, foreign exchange futures and treasury bonds futures.