Inrecentyears,China'scommodity futuresmarkethasachievedrapiddevelopment,butdue tothe development ofa shortertime,thecurrentsystemandstructureofChina'scommodity futuresmarkethas yet to befurther improved,theeffectivenessoftheentirecommodity futuresmarketsandspeculativecommodity futuresmarket risk,thereforeparticularly important tostudythecommodity futuresmarketrisk warning.Inreference tothe presence ofthecommodity futuresmarket riskwarningindex systembased on the theoryofthedevelopmentofthecommodity futures market,tobuildaconsistentindex,consumer confidenceindex,therates of changeofthespot price,open interestrate of change involumeten indicatorssuchasrates of changebasedoncommodity futuresfuturesmarketriskearly warningindicator system,andtheZhengzhouthePTAcommodityfutures, for example,empiricalresearchusing factor analysis,andlogisticmodeltoempirical testing, researchshows thatcommodity futuresbuiltmarket riskwarning indicator systemiseffective, andbased ontheempirical resultsrelevant policy recommendations.