Commodity trading refers to the wholesale market of bulk commodities, also known as spot market, which specializes in electronic trading hedging. For example, China Peanut Business Network was established with the approval of government functional departments at or above the municipal level, and is supervised and managed by the development and reform commission of the Ministry of Commerce and other relevant functional departments. It has four basic functions: strategic storage of means of production commodities, price adjustment, organization of production and hedging.
For example, Dashang is a B2B e-commerce platform based on commodities. It has a unique bidding and purchasing system and listing platform, which saves more manpower, material resources and financial resources for buyers and sellers.