Commodity futures refer to futures contracts with physical goods as the subject matter. Commodity futures have a long history and a wide variety, mainly including agricultural and sideline products, metal products and energy products. It is a standardized agreement about the buyers and sellers buying and selling a certain number of physical goods on an agreed date in the future at the price agreed at the time of signing the contract. Commodity futures trading is a standardized contract trading method for buying and selling specific commodities on futures exchanges. Futures varieties, specifically, about 20 kinds of agricultural and sideline products, including corn, soybeans, wheat, rice, oats, barley, rye, pork belly, pigs, live cattle, calves, soybean meal, soybean oil, cocoa, coffee, cotton, wool, sugar, orange juice, rapeseed oil and so on. Among them, soybeans, corn and wheat are called the three major agricultural futures: metals. 5 kinds of chemical products, including crude oil, heating oil, unleaded gasoline, propane and natural rubber; There are two kinds of forest products, including wood and plywood. As of 20 14, 10 and 18, with the approval of China Securities Regulatory Commission, the following types of futures commodities can be listed and traded in China:
(1) Shanghai Futures Exchange: thread, hot coil, wire rod, copper, aluminum, zinc, lead, natural rubber, fuel oil, gold, steel, silver, hot-rolled coil and asphalt.
(2) Dalian Commodity Exchange: soybeans, soybean meal, soybean oil, plastics, palm oil, corn, PVC, coke, coking coal, iron ore, fiberboard, polypropylene, eggs, rubber sheets and japonica rice.
(3) Zhengzhou Commodity Exchange: wheat, cotton, sugar, PTA, rapeseed oil, early indica rice, methanol, glass, rapeseed, rapeseed meal, thermal coal, ferromanganese and ferrosilicon.
Futures variety code: Dalian Commodity Exchange: soybean -A soybean meal -M soybean oil -Y corn-ClLLDPE-L palm oil -P PVC-V coke -J coking coal-JM; ; Iron ore -I fiberboard-fb polypropylene-pp egg-jd rubber board-bb japonica rice-jr Zhengzhou Commodity Exchange: white sugar -SRPTA-HC cotton-CF Zhengmai-WH common wheat-PM early indica rice-RI glass-FG rapeseed meal-RM rapeseed-RS rapeseed oil-Al zinc zinc lead natural rubber-ru fuel-fu gold-au wire-wr rebar-rb silver-.