钢材期货交易在工程建设企业中应用的可行性与策略分析  

Feasibility and Strategy Studies on the Application of Steel Future Trading in Engineering Construction Enterprises

作　　者：高宁波 张鸿 GAO Ningbo;ZHANG Hong(CCCC Second Harbor Engineering Co.,Ltd,Wuhan 430040,China;Key Laboratory of Large-span Bridge Construction Technology,Wuhan 430040,China;Development Center of Transport Industry of Intelligent Manufacturing Technologies of Transport Infrastructure,Wuhan 430040,China;CCCC Highway Bridge National Engineering Research Centre Co.,Ltd,Beijing 100120,China)

机构地区：[1]中交第二航务工程局有限公司,湖北武汉430040 [2]长大桥梁建设施工交通行业重点实验室,湖北武汉430040 [3]交通运输行业交通基础设施智能制造技术研发中心,湖北武汉430040 [4]中交公路长大桥建设国家工程研究中心有限公司,北京100120

出　　处：《建筑经济》2022年第S02期384-387,共4页Construction Economy

摘　　要：钢材是工程建设中的常用大宗商品,其价格受国际市场影响,波动幅度大,难以预测,这给工程建设整个行业带来诸多挑战。本文旨在通过分析工程建设单位钢材常见定价机制,明确现行机制不足之处,研究工程建设企业进行钢材期货交易策略及面临风险,并基于真实工程钢材采购案例,回溯分析进行钢材期货套期保值对工程建设成本的影响,以期能够推动工程建设企业开展期货套期保值交易,提高应对市场风险的管控能力。Steel is a common commodity in engineering construction,and its price is affected by the international market,with large fluctuation range and difficult to predict,which brings many challenges to the whole industry of engineering construction.This paper aims to analyze the common pricing mechanism of steel in engineering construction units,clarify the shortcomings of the current mechanism,study the steel futures trading strategy and risk analysis of engineering construction enterprises,and retrospectively analyze the impact of steel futures hedging on engineering construction costs based on real engineering steel procurement cases,so as to promote engineering construction enterprises to carry out futures hedging transactions and improve their management and control ability to deal with market risks.

关 键 词：钢材期货 套期保值 多头 空头 

分 类 号：F426.31[经济管理—产业经济] F724.5