Origin: CCTV news client is carried
Classics the State Council agrees, chinese card inspect can be approved, hog futures today (8 days) in the morning 9 when appear on the market in Dalian Commodity Exchange. Live pig is our country value is the greatest farming by-product, also be the breed of complete a business transaction of the first live body that our country option market appears on the market.
Up to this morning closing quotation, price of brunt agreement closing quotation is every tons 27610 yuan, drop than open quotation price 10.01% ; Clinch a deal the quantity is 61923 hands.
Hog futures appears on the market in Dalian Commodity Exchange today in all 3 agreement
The hog futures that appears on the market today shares 3 agreement, among them the fiducial price that brunt agreement hangs out his shingle is 30680 yuan / ton. Trade at present smooth.
Ran Hua of director of Dalian Commodity Exchange: After hog futures appears on the market, the long-dated price that forms through trading publicly, the production of OK and direct trade and consumption, downstream enterprise can carry risk of hog futures management on the industry, raise an industry to fight risk ability.
As we have learned, our country is the whole world country of production of the biggest hog and pork consumption country, the proportion that live pig gives column quantity and pork consumption to take the whole world all is in 50% above. 2019, our country live pig gives column to exceed 540 million, pork crop exceeds 42 million tons.
Expert introduction, although our country is big country of pork produce and sale, but long-term since, industry of our country live pig gets " the pig is periodic " worry. Especially since August 2018, suffer epidemic situation of African swine fever to affect, circumstance of spot market of our country hog produces apparent change, live pig price by 15 yuan / kilogram drop to 10 yuan of March 2019 / kilogram, rebound considerably subsequently, to 2019 3 quarters achieve nearly 40 yuan / kilogram the history is exalted. The acuteness wave motion of live pig spot price brings huge uncertainty to industrial company and dweller. And of hog futures appear on the market, effective help industry of live pig breed aquatics runs a risk.
Chinese flesh kind association vice-chairman Tao Yishan: Hog futures appears on the market, to us these porky produce business and treatment business to have directive function, we can use financial tool to begin hog futures to cover period keep a cost, this kind of dimensions that is helpful for China is changed, standardization and specializationed breed aquatics.
Li Jiang of general manager of limited company of initiate Kyoto futures: After hog futures appears on the market, option market compose was built from cultivate, treatment derives tool zephyr danger to manage platform to what breed whole industry chain, swim up and down the enterprise can apply corn, beans integratedly to dregs of rice futures and futures of period authority and hog have an industry chain case period keeps a cost, derive a tool more all ready, avoid danger strategy is more rich.
Nevertheless the personage inside course of study is analysed, hog futures appears on the market earlier, futures price suffers influence of merchandise on hand to may appear fluctuant, future, futures risk manages a function to will run progressively play to come out as the stability of the market.
Ran Hua of director of Dalian Commodity Exchange: Hog futures from appear on the market to be developed effectively to the function, have process of an advance gradually, need long spade husbandry, breed meticulously, need society understands just each and also support.
Hog futures conduces to spot price " correct an error "
Hog futures is animal husbandry of our country farming important breed, after appearing on the market, what element can affect hog futures price, it whether alleviate " is the pig periodic " ?
As we have learned, show level, live pig spot price has amplitude big, frequency is advanced characteristic. Since African swine fever appeared in August 2018, live pig spot price from lowest 10 yuan / kilogram go up to 40 yuan / kilogram, rose 300% , at present market price case still is in historical perch, be in 33.5 yuan about / or so kilograms. Face such market spot price, what effect can futures produce?
Beautiful and Li Tieming of president of animal husbandry group: If had hog futures, we raise pig enterprise to be able to have a prearrange, have an omnibus consideration, we use financial measure to stablize the risk of our hog cycle.
Li Jiang of general manager of limited company of initiate Kyoto futures: Hog futures price basically suffers change of spot market condition, policy, macroscopical economy and market to expect the impact that waits for many sided element. Futures price will mirror orgnaization of enterprise of merchandise on hand, investment to wait for the judgement circumstance that participates in main body to give birth to pig price to future according to the facts. Current when occurrence deviation of present price case, client of industry of merchandise on hand undertakes covering through option market period keep a cost, have effect of correct an error to the price thereby.
Expert introduction, because give birth to hog futures contract and regular design very merchandise on hand of press close to is actual circumstance, control of flow of standard of its content through mark, quality, complete a business transaction, wind is spent wait for each respect the design that standardization, system changes, make sure futures price can mirror what spot price did not come to anticipate, undertake covering for industrial client period protect a value to provide effective tool, the market function of stimulative hog futures is developed, the live pig before promoting complete a business transaction then period spot price can be returned to effectively.
(Zhang Lijuan of stage of Henan of Liu Shijun of Xiao Ming of Zheng of the Sai Ning when reporter of total stage CCTV)
