What does Zhacang mean?

Binding warehouse, also called big warehouse, is a kind of trading method. In commodity trading, when the seller (such as the farmer here) finds that the market price is low or he is in urgent need of funds, he will transport his products to the warehouse for storage and sell them to capitalists and other buyers in the form of warehouse receipts. This trading method is mainly aimed at agricultural products and industrial raw materials, because the prices of these commodities fluctuate greatly and need to be processed for a long time before they can be sold.

The core benefit of warehouse-distribution binding is to provide farmers with more flexible sales methods. Traditional farmers' markets and rural fairs have some problems, such as large price fluctuation, high cost and single transaction mode, and tying warehouses can effectively avoid these risks and provide farmers with more stable income channels. At the same time, warehouse binding can also alleviate the imbalance between supply and demand, inventory backlog and other issues, which is conducive to market stability.

Zhacang originated from the industrial market and has been widely used in agricultural products and other commodity markets over time. Especially in the modern financial market, warehouse receipt binding has become a fixed financial derivative, which can provide investors with more diversified investment channels. At the same time, warehousing has also promoted the development of related industries (such as logistics and warehousing). ), promoting industrial transformation and upgrading and national economic development.