Empirical Analysis on Relationship between Apple Futures and Spot Prices in China  

作　　者：Meixia WANG Ning JIA Rong YU 

机构地区：[1]Shaanxi Post and Telecommunication College,Xianyang 712000,China

出　　处：《Asian Agricultural Research》2022年第9期21-23,共3页亚洲农业研究（英文）

基　　金：Supported by General Special Scientific Research Project of Shaanxi Provincial Department of Education in 2021"Study on the Training Mode of Applied Talents in Higher Vocational Finance Discipline in the Context of Construction of Xi’an Silk Road Financial Center"(21JK0098)。

摘　　要：Taking a total of 903 apple futures data from Zhengzhou Futures Exchange as research samples, and through unit root test, cointegration test, error correction, Granger causality test and variance decomposition with the aid of Eviews 8.0, this paper made an empirical analysis on the relationship between Zhengzhou apple futures market and Chinese apple website(pingguo7.cn) spot market price. It concluded that the main continuity of apple futures has an absolute advantage over the reference value of the futures index, and apple market participants can achieve hedging through the futures and spot market.

关 键 词：Apple futures Apple spot HEDGING Empirical analysis 

分 类 号：F323.7[经济管理—产业经济] F724.5