论文部分内容阅读
通过石油产品套期保值,石油企业可以在期贷市场和现货市场之间建立起一种盈亏冲抵机制,有效规避、转移或分散价格风险。期货市场具有价格发现、投机逐利和套期保值三大主要功能。期货价格具有预期性、连续性、代表性和权威性,引导着当今国际大宗商品价格。我国每年的石油进口量已超过用量的一半,石油进口量还将逐年大量增长。在参照国际通行的主要石油期货价格定价的机制下,国际石
Through the hedging of oil products, oil companies can set up a profit and loss offset mechanism between the loan market and the spot market to effectively avoid, shift or disperse the price risk. Futures market with price discovery, speculation and profit hedging three major functions. Futures prices are expected, continuous, representative and authoritative, and guide the current international commodity prices. China’s annual oil import volume has exceeded half the amount of oil imports will also be a substantial increase year by year. In reference to the prevailing international price of oil futures pricing mechanism, the international stone