1. Siphon effect: The scale and trading mechanism of bulk commodities make the siphon effect of funds relatively limited. In theory, the margin trading mechanism of bulk commodities is limited to the margin scale, resulting in losses. As far as the margin scale is concerned, the margin scale in the global market is about 6.2 trillion RMB. This is consistent with the global stock market exceeding 100 trillion US dollars. ...

2. Collateral: Very few people directly use futures contracts as collateral. If goods are used as collateral, although the prices of related goods in Russia are discounted at present, the amount involved is not large, and the impact on other leveraged transactions is controllable.

3. Emotional contagion: commodity contract breach does infect pessimism, but the futures market is limited in scale and has high game and leverage, which makes other markets more tolerant of its fluctuations.