Futures, whose English name is futures, is completely different from spot. Spot is actually a tradable commodity. Futures are mainly not commodities, but standardized tradable contracts based on some popular products such as cotton, soybeans and oil and financial assets such as stocks and bonds. Therefore, the subject matter can be commodities (such as gold, crude oil and agricultural products) or financial instruments. The delivery date of futures can be one week later, one month later, three months later or even one year later.
A contract or agreement to buy or sell futures is called a futures contract. The place where futures are bought and sold is called the futures market. Investors can invest or speculate in futures.
There are usually several types of inventory.
1, factory warehouse is enterprise inventory.
Factory warehouse mainly refers to manufacturers hoarding goods, and social warehouse mainly refers to dealers hoarding goods. When factory warehouses and social warehouses are piled up, it shows that the downstream demand is not good and the delivery between enterprises and distributors is not smooth.
2. Social library industry is social inventory.
Another name is production area inventory and sales area inventory.
When the factory inventory decreases and the social inventory increases, it shows that dealers are optimistic about the future commodity prices and hoard goods on dips. At this time, prices may rise, and winter storage is a common phenomenon. Simply put, before the Spring Festival, many manufacturers or distributors will have a certain amount of inventory to ensure the normal production and sales of the festival. This is called winter storage. Common winter storage varieties include black double coke, thermal coal, iron ore, asphalt, plastic and so on in the chemical field. Then, if the number of factory warehouses increases and the number of social warehouses decreases, it means that the price is too high, and dealers are worried that the downstream can't afford the high price, so they dare not stock up, and the goods are at risk of price reduction.
3. Port inventory
Port inventory, port inventory mainly refers to import and export commodities, such as black iron ore, soybean meal of agricultural products, bean 2, chemical rubber and so on. Recently, iron ore is very strong, and we can also see that the port inventory is plummeting. When the inflection point of port inventory appears, be careful with the list in your hand.
4. Stock of the Exchange
Exchange inventory, which we call warehouse receipt, refers to the certificate that short investors, that is, sellers, put goods into the warehouse designated by the exchange and accepted by the exchange. When these goods are used for futures delivery, it should be noted that warehouse receipts can be cancelled, which is also the usual method of the main force. Contact the spot merchants and cancel the warehouse receipt, so that everyone mistakenly thinks that the inventory of the exchange is decreasing.
1. First of all, Shanghai enjoys excellent geographical conditions. Since liberati