Discounted delivery refers to the phenomenon that the delivery value of commodity futures is lower than the spot market price. Due to various reasons, such as seasonal demand, unpredictable weather changes or political instability, this phenomenon usually occurs in the delivery month of futures contracts. In the case of discounted delivery, traders can buy and sell spot goods at a price lower than the market price in the future according to the contract.

Discounted delivery often occurs in commodity futures markets, such as agricultural products and metals. Discount delivery has both advantages and disadvantages for traders. On the one hand, in this case, traders can buy relatively cheap spot goods in order to make a profit when the value rises. On the other hand, if the trader holds the contract until the delivery date, he needs to pay the premium price difference, and faces problems such as logistics and warehousing costs.

Although premium delivery may affect traders' profit margin and spot commodity inventory, it also provides a way to preserve value. For many enterprises and investors, maintaining inventory reserves is a strategy to balance risks and costs. Buying contracts in the futures market and obtaining discounted delivery will help reduce the inventory cost of enterprises and investors and ensure the stability of commodity supply chain.