A Study On Futures Hedging Scheme Of JL Alcohol Industry Group

With the deepening of globalization of the world economy,Chinese enterprises are looking at the opportunity to meet the challenges in the long-term and steady development of the global structure of globalization.At first,enterprises should be able to solve the risks of sharp fluctuations in the commodity price,meanwhile hedging in the futures market will become the "safe haven" for the enterprises to avoid the risk of price fluctuation.Hedge is an important position in the futures market,ensuring that more and more companies are exposed to risk,and as the future market is continually standardizing,more companies are willing to avoid the risk by hedging.Based on the historical data of modern hedging theory and futures commodity and the hedging scheme for enterprise design,this paper focuses on the analysis and comparison of relevant data of methanol and other energy sources and constructs the design idea of alcohol enterprise hedging.In view of relevant data relate to that raw material of alcohol and related product,this paper establishes the way to deal with the future trade of JL alcohol industry group,presents the risk scheme,and give the basic idea of the risk source,the risk hedged object,the basic thought of futures trading and the kind of futures trading.It analyze and concludes that correlation between corn,methanol and ethanol,power coal and lignite.It also points out the important matters that the enterprise should pay attention to in hedging.