Consists of pulp main materials and auxiliary materials. The main materials are wood fiber, waste paper fiber and bamboo fiber, and the auxiliary materials are pectin, pigment and hemicellulose.

1. First of all, price changes will have an important impact on the profit and loss of futures. According to the price changes of futures contracts, we can calculate the gains or losses of each contract. When futures prices rise, the value of our future positions will increase; If the price falls, the value will decrease. We need to pay close attention to the fluctuation of market prices and make corresponding trading decisions.

2. Secondly, the storage cost is also one of the factors to be considered. As a commodity, pulp usually needs to be stored in warehouses, and the storage cost will have a certain impact on investors' profits. We need to calculate the storage cost and compare it with the transaction income to ensure a reasonable return on our investment.