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Why do American prices have pricing power in futures, while Chinese prices have no pricing power?
Let me say that the trading volume of China futures is now the highest in the world. Why is there no pricing power?

Because most investors in China futures market are speculative.

And most parts of the United States have been washed away.

If there is any trouble in the market, the entry and exit of domestic speculators are obviously unstable.

Foreign countries are hedged by large enterprises and institutions, so the price is more representative.

China is still in the development stage, and it is believed that with the participation of most domestic enterprises, it will gradually win the pricing power.