Fundamental analysis mainly analyzes the long-term price trend of the futures market, which is the so-called general trend, and holds contracts for a long time on this basis, frequently changing the direction of positions, without paying much attention to the repeated fluctuations of daily prices.
Therefore, the supply and demand of commodities have an important impact on commodity futures prices. Basic factor analysis mainly analyzes the relationship between supply and demand. The change of commodity supply and demand and the change of price influence and restrict each other. Commodity prices are inversely proportional to supply, supply increases and prices fall; Supply decreases and prices rise. Commodity prices are directly proportional to demand, demand increases and prices rise; Demand decreases and prices fall. With other factors unchanged, supply and demand are arbitrary. ...