本文關(guān)鍵詞： 螺紋鋼 期貨市場(chǎng) 價(jià)格發(fā)現(xiàn) 地區(qū)差異　出處：《價(jià)格理論與實(shí)踐》2017年10期 　論文類型：期刊論文

【摘要】：本文以螺紋鋼為例,對(duì)鋼鐵產(chǎn)業(yè)去產(chǎn)能過程中螺紋鋼期貨市場(chǎng)價(jià)格發(fā)現(xiàn)能力進(jìn)行探究。通過對(duì)國內(nèi)螺紋鋼期貨市場(chǎng)和華北、華東和東北三個(gè)區(qū)域涉及唐山、天津、杭州、南京、沈陽和哈爾濱六個(gè)城市現(xiàn)貨市場(chǎng)的研究發(fā)現(xiàn):華北與華東地區(qū)螺紋鋼期貨與現(xiàn)貨市場(chǎng)間存在長期雙向引導(dǎo)關(guān)系,且螺紋鋼現(xiàn)貨對(duì)期貨市場(chǎng)價(jià)格引導(dǎo)優(yōu)勢(shì)明顯強(qiáng)于東北地區(qū);螺紋鋼期貨市場(chǎng)對(duì)現(xiàn)貨市場(chǎng)沖擊的反應(yīng)速度比現(xiàn)貨市場(chǎng)對(duì)期貨市場(chǎng)的沖擊反應(yīng)速度更快,但現(xiàn)貨市場(chǎng)對(duì)期貨市場(chǎng)的沖擊程度更大;整體來看,我國螺紋鋼期貨市場(chǎng)與現(xiàn)貨市場(chǎng)間變動(dòng)是同向變動(dòng),并且信息流動(dòng)速度很快。
[Abstract]:This paper takes the steel rebar as an example to explore the price discovery ability of the steel rebar futures market in the process of deproductivity of iron and steel industry. Through the domestic rebar futures market and the three regions of North China East China and Northeast China Tangshan is involved. Tianjin, Hangzhou, Nanjing, Shenyang and Harbin six cities spot market research found: North China and East China steel futures and spot market between long-term two-way guide relationship. And rebar spot to the futures market price guidance advantage is obviously stronger than the Northeast region; The reaction speed of the rebar futures market to the spot market is faster than that of the spot market to the futures market, but the spot market has a greater impact on the futures market. On the whole, the change of rebar futures market and spot market is in the same direction, and the speed of information flow is fast.
【作者單位】： 北京工業(yè)大學(xué)經(jīng)濟(jì)與管理學(xué)院;
【基金】：北京市社會(huì)科學(xué)基金項(xiàng)目(合同編號(hào):15JGC147)資助
【分類號(hào)】：F724.5;F764.2
【正文快照】： 2016年2月,國務(wù)院印發(fā)了《關(guān)于鋼鐵行業(yè)化解過剩產(chǎn)能實(shí)現(xiàn)脫困發(fā)展的意見》,提出在3-5年內(nèi)壓減鋼鐵產(chǎn)能1-1.5億噸。根據(jù)工信部發(fā)布《2016年鋼鐵行業(yè)運(yùn)行情況和2017年展望》中公布的數(shù)據(jù):2016年全國共化解粗鋼產(chǎn)能超過6500萬噸,超額完成4500萬噸的產(chǎn)能任務(wù),實(shí)現(xiàn)303.78億元利潤;，

本文編號(hào)：1441968