“现货+期货”风险管理业务对石化产业的启示  

"Spot+Futures"Risk Management Business for Petrochemical Industry

作　　者：吕行 LÜXing(SINOPEC Group Capital and Finance Department,Beijing 100728,China;Graduate School of Chinese Academy of Social Sciences,Beijing 102488,China)

机构地区：[1]中国石油化工集团有限公司资本和金融事业部,北京100728 [2]中国社会科学院研究生院,北京102488

出　　处：《能源化工财经与管理》2024年第1期9-16,共8页

摘　　要：2023年10月召开的中央金融工作会议在中国金融发展史上具有里程碑意义,中国人民银行明确,要坚持金融服务实体经济的根本宗旨,有力有效支持高质量发展和实体经济稳定增长。这也对期货风险管理公司服务实体经济提出了更高要求。风险管理公司能以期货、现货结合的方式帮助企业化解价格异常波动风险,在简要回顾风险管理公司主要业务模式、金融行业发展历程后,分析了期货、现货结合业务对传统石化企业管理价格风险的意义和作用,并基于案例展示了相关业务场景和操作逻辑。最后,指出了期货、现货结合业务对石化产业风险管理工作的重要意义和未来发展方向。The Central Economic Working Conference held in October 2023 is a milestone in the history of China's financial development,and the People's Bank of China has made it clear that it will adhere to the fundamental purpose of financial services for the real economy,and provide strong and effective support for high-quality development and stable growth of the real economy,which puts forward higher requirements for future risk management companies to serve the real economy.Risk management companies can help enterprises resolve the risk of abnormal price fluctuations by combining futures and spot.After a brief review of the main business model of risk management companies and the development history of the financial industry,there is an analysis of the significance and role of the combination of futures and spot business for traditional petrochemical enterprises to manage price risks and demonstrates relevant business scenarios and operation logic based on cases.Finally,the significance and future development direction of the combined futures and spot business for risk management in the petrochemical industry have been concerned.

关 键 词：期货 现货 金融 石化产业 风险管理 

分 类 号：F832.5[经济管理—金融学] F426.72