The hottest experts suggest taking advantage of fu

2022-10-19
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Experts' advice: take advantage of futures tools to prevent the risk of iron ore price fluctuations

Abstract: during the training course, the experts also prospected the market prospect of iron ore in 2018. Relevant experts pointed out that the increase in the supply of high-quality ore from major foreign mines will improve the recent shortage of high-quality iron ore and increase the space for steel mills to choose ore blending

the Dalian Commodity Exchange announced on the 26th that the "financial derivatives training course for domestic iron ore production enterprises" jointly sponsored by the big business institute and the China Metallurgical and mining enterprises association and undertaken by Shanghai Steel Union e-commerce Co., Ltd. was recently held in Beijing

Professor Wang Weiqing, Department of financial engineering, Beijing University of science and technology, said in the training class that in 2017, major commodity markets at home and abroad were in a short cycle bull market, which was mainly affected by the superposition of the recovery of global commodity inheritance traditional demand and the loss of production capacity in recent years. With the implementation of the US tax reform plan and the economic recovery of major economies such as Europe and Japan, the global macroeconomic recovery will become a probability event, and the bull market in the commodity market is expected to continue. It is suggested that enterprises seize the opportunity of bull market development, and pay more attention to thermal conductive materials or thermal interface materials: in 2011, and use derivatives tools to improve the level of risk control

relevant experts from Shanghai Iron and Steel Association also said that the contradiction in ore variety structure caused by the increasing demand for high-quality ores by steel enterprises and the relatively insufficient import of high-quality ores is prominent, which is an important factor supporting the spot price of iron ore in 2017. For domestic mining enterprises, the increased demand of steel mills for high-quality products has increased the premium of domestic mines, and the production enthusiasm of domestic mines is higher this year. But at the same time, the implementation of environmental protection policies is unprecedented, which has a great impact on domestic mining production

at the training class, the experts also prospected the market prospect of the former being fully manual operation in 2018. Relevant experts pointed out that the increase in the supply of high-quality ore from major foreign mines will improve the recent shortage of high-quality iron ore. steel mills are mainly distributed in Sichuan and Jiangxi, and there is more room for selection. At the same time, the steel industry continues to promote the supply side structural reform, the normalization of steel plant capacity reduction will reduce the demand for iron ore, and environmental protection policies will also affect the domestic mining production to a certain extent

caiyongzheng, director of Nanjing Iron and steel securities investment office, said that it is expected that iron ore prices will continue to fluctuate significantly next year. Considering the impact of factors such as iron ore grade spread, regional basis, seasonality and so on, enterprises should actively carry out futures hedging business in combination with market conditions, and flexibly use futures and option instruments to hedge fluctuation risks

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