With the continuous development of the globalized economy, trade methods are also constantly evolving and innovating. Basis trading is a trading method based on differences in commodity prices and delivery times. As the basic business of Gangsheng, it is an important financial means to participate in the real economy. This business breaks the original single structure and combines the futures market and professional capabilities in futures to provide new opportunities for the company's development.
  1. Main business--rubber
In rubber basis trading, transactions are based on the difference between the spot price and futures price of natural rubber. Since the price of natural rubber fluctuates due to supply and demand, weather and other factors, basis trading provides companies with the opportunity to reduce risks and lock in profits.
  2. Other businesses - asphalt, soybeans, sesame, peanuts, etc.
Asphalt basis trade mostly adopts a fixed price method. It is agreed that within a certain period of time, the final transaction price will be determined based on the spot price of asphalt and a certain spread. Soybean basis trading is based on the soybean spot price, plus or minus a certain price difference, as the final transaction price. Basis trading provides companies with a more flexible risk management method and realizes benefit sharing.