First, find the price: there are many participants in futures trading, and they all trade at the price they think is the most suitable, so futures prices can be integrated.

Reflect the expectations of both supply and demand for the relationship between supply and demand and the price trend in a certain period of time in the future. This price information increases the transparency of the market, including

It is helpful to improve the efficiency of resource allocation.

2. Avoiding market risks: In the actual production and operation process, in order to avoid the rising cost or profit caused by the ever-changing commodity prices.

Falling, futures trading can be used for hedging, that is, buying or selling in the futures market is equal to the spot market but the trading direction is opposite.

Commodities offset the gains and losses of transactions in the two markets.

Futures is also an investment tool. Because the futures contract price fluctuates, investors can use the price difference to earn risk profits.

At present, domestic unexpired trading contracts mostly involve speculation and price discovery, and are not real delivery contracts. The delivery date is approaching, and only a few of them will enter the delivery date for physical delivery!