Study On The Function Of Hedging For The Enterprise Management

The future is a certain product of the development of modern economy, with the completing of Chinese market economy, the future's function to avoid the risk is increasing important, and the local future has been further improved stable. It is obviously that the future has very large potent in Chinese market, and it is also been considered as a good industry more and more.In presenting years, the high profit percentage in national aluminum industry stimulate many enterprises to expand their producing scale largely, the smelters' expansion make the alumina price increase quickly, and the power supply is growing increasingly tense also. And there are very big price risks on the materials supply and product sales for enterprise, so the aluminum enterprises are facing a lot lose and can not achieve the target profits.This paper analysis the commonness of risks in aluminum industry on both material's supply and products sales, and it introduces how to evade the price risk by hedging in aluminum enterprises, and at the same time, take the advantages of spot market and futures market to lock the targeting profits, exert the financial property torealize the stable and long-time management of enterprises.