For example, investors bought air conditioners for wti crude oil futures. From the delivery process, WTI crude oil futures started the delivery process after the last trading day. The settlement members of the buyer and the seller submit the delivery intention or delivery notice, and the exchange matches and informs the buyer and the seller, and collects the delivery deposit from the settlement members, and returns the deposit after the delivery and payment are completed.
It is worth noting that for retail investors, trading futures is not a physical transaction, but the trading contract itself. The contract is issued by the exchange, and there are a call contract and a put contract for a certain month. Therefore, it is very troublesome for investors to deliver goods in kind. It is best to end the contract before the delivery date.