From the opening of LPG futures to early May, the trend of international crude oil was sluggish and restrained. However, LPG broke away from the trend of crude oil and became the most powerful variety in the market, but its recent performance was a little unsatisfactory. Many people wondered why the recent trend of futures was so weak.

From the opening of LPG futures to early May, the trend of international crude oil was sluggish and restrained. However, LPG broke away from the trend of crude oil and became the most powerful variety in the market, but its recent performance was a little unsatisfactory. Many people wondered why the recent trend of futures was so weak.

The expected rise of CP and the slight rise of international crude oil in may have boosted the market. The spot market of liquefied gas showed a positive push up scene, and the market price rose slightly. However, the current economic situation is poor, and it is difficult for liquefied gas to get rid of the weak situation. After the short rise, the market fell again. At present, the supply and demand side of the liquefied gas market is weak, the terminal demand consumption is slow, the market wait-and-see mood is strong, and the spot price is difficult to reverse before the weak demand, Affected by this, the recent trend of the futures market is weak.

Moreover, since its listing, liquefied gas futures have been rising. On the one hand, the futures have just been listed with high activity and the demand performance of the spot market can still support the market. On the other hand, the delivery month of futures contracts is November, which is the peak demand season for liquefied gas. Now, with the warmer weather and weak market demand, the price in November should have a certain premium over the current price, and the market rose in early May, However, it is difficult to match the market demand. The conflict between downstream consumption inventory and high price storage has led to the blocking of market shipments. The development trend of LPG spot price rising first and then falling. At the same time, the premium of futures was once too high compared with that of spot. This has caused the LPG futures price to change from the previous upward trend to the downward trend.

What is delivery.

A: delivery is the process in which both parties to the transaction settle the open position contract through the transfer of the ownership of the goods contained in the futures contract in accordance with the provisions of the contract and rules. In short, after the expiration of the contract, the open position buyer pays for the goods and obtains the corresponding goods, and the open position seller delivers the corresponding goods and issues a VAT invoice.

At present, domestic futures are divided into several delivery methods.

Futures system construction answer: the delivery methods of futures trading are divided into physical delivery and cash delivery. In the futures market, commodity futures usually adopt physical delivery, financial futures CSI 300, SSE 50, CSI 500 index futures contracts adopt cash delivery, 2, 5, 10-year Treasury bond futures contracts adopt physical delivery, and crude oil futures adopt physical delivery.

What is rolling delivery.

A: rolling delivery means that after the contract enters the delivery month, the seller's customers holding standard warehouse receipts and selling positions take the initiative to propose, and the exchange organizes and matches both parties to complete the delivery within the specified time.

What is centralized delivery.

A: also known as one-time delivery, it refers to the delivery method of one-time centralized delivery of all matured contracts after the last trading day of the delivery month.

What is the basic process of buyer delivery.

Answer: the buyer pays for the goods - receives the electronic warehouse receipt - cancels the standard warehouse receipt - prints the delivery voucher - goes through the outbound procedures at the delivery warehouse with the delivery voucher - the goods are outbound.

How the seller makes delivery.

Answer: apply for delivery futures software company forecast - goods warehousing (delivery warehouse acceptance) - delivery warehouse or designated quality inspection institution inspection - warehouse submission registration application - member review - exchange approval - system submission of warehouse receipts - participate in delivery, obtain payment for goods and issue VAT invoices (if registered in the factory warehouse standard warehouse receipts, there is no need to apply for delivery forecast).

What is futures to spot.

A: futures to cash (hereinafter referred to as futures to cash) refers to the fact that after the long and short trading parties holding contracts in the same delivery month reach a spot purchase and sale agreement, they close their futures positions according to the agreed price, and conduct a considerable amount of payment and physical exchange at the same time.

The difference between delivery warehouse and delivery factory warehouse.

A: (1) the delivery warehouse provides customers with warehouse receipt storage services. Customers can store their goods in the delivery warehouse and generate warehouse receipts.

(2) Delivery factory warehouse is a production or trade enterprise, which can produce the goods corresponding to the warehouse receipt and generate the warehouse receipt.

According to the regulations of the exchange, the warehouse receipts generated by the delivery factory warehouse must be produced by the factory warehouse, and goods from other customers must not be accepted.