文献类型：期刊文献

中文题名：动力煤期货在煤炭生产企业中的应用

英文题名：Application of Power Coal Futures in Coal Production Enterprises

作者：崔丹[1]

第一作者：崔丹

机构：[1]河南财经政法大学金融学院

第一机构：河南财经政法大学金融学院

年份：2015

卷号：30

期号：2

起止页码：9-11

中文期刊名：河南工程学院学报：社会科学版

语种：中文

中文关键词：动力煤期货;煤炭生产企业;套期保值

外文关键词：power coal futures;coal production enterprises;hedging

摘要：动力煤作为煤炭中重要的煤种,主要运用于电力、冶金、煤化工、建材等行业,其价格的波动从一定程度上反映了宏观经济的走向。近几年由于金融危机的影响,我国经济发展放缓,传统煤炭行业受到挤压,加之进口煤量的不断上升,煤炭行业的竞争日益激烈,所以动力煤期货应运而生。通过对动力煤期货一年来的交易情况和煤炭行业现状的分析可以发现,动力煤期货交易不活跃,交易量较少。这种情况主要是由于煤炭企业的参与意识和对期货的认识不够,以及合约本身缺乏灵活性所致。针对这种现象,相关部门应加强期货产品的宣传力度,提高企业的参与意识,加快煤炭行业市场化进程。
Power coal,as a very important kind of energy,is mainly used in generating electricity,metallurgy, chemical engineering and manufacturing. The fluctuation of its price reflects partly the trend of macro economy. In recent years,due to the impact of the financial crisis and the slowdown in China＇s economic development,the tra-ditional coal industry has been squeezed,coupled with the rising of amount of imported coal. The competition in coal industry is becoming increasingly fierce,as a result the power coal futures arises at the historic moment. Through analyzing trading performance of the coal futures in recent year and coal industry status,the paper found that the coal futures trading is not active and the trading volume is smaller. This is mainly due to the lack of partici-pation awareness for the coal enterprises and lack of awareness of the futures and flexibility in the contract itself. In view of this phenomenon,the relevant departments should enhance the publicity of futures products,improve the participation awareness of enterprises and accelerate the process of coal industry marketization.