The Research Of Sugar Futures Market Ensuring The Development To Guangxi’s Sugar Industry

Sugar industry is the pillar industry in Guangxi’s economy.which has an important position in Guangxi’s economic development, but there are all sorts of problems for the development of Guangxi’s sugar industry at present. How to safeguard and promote the development of Guangxi’s sugar industry is an important subject. Futures market is the product of a market economy that develops to a certain stage, it has two basic functions such as price discovery and risk transferring. The development history of international agricultural futures market has proved that futures market is capable of playing positive role in aspects such as transferring the price risk of spot market, providing authoritative price guidance and boosting the circulation of agricultural products. Based on the theories of economic functions of futures market and of industrial development and drawing upon the domestic and foreign experiences in utilizing futures market to promote industial development. The objective of this study was to research how to give a better play to the role of futures market to promote the development of sugar industry in Guangxi.According to the empirical analysis.this paper has proved that sugar futures market in China has been able to take advantage of the basic functions of price discovery and risk transferring, make the farmers sugar enterprises, the government learn the price move forward, which makes the subject draw conclusions in terms of their own actual conditions, thereby further ensuring the development of Guangxi’s sugar industry.Therefore, to strengthen the research of the sugar futures market, combining with the actual conditions of Guangxi’s sugar industry, explores the effective ways of deepening the reform of marketization of Guangxi’s sugar industry, developing and improving the futures market. building the market information system, standering the operationv has the vital significance for promoting the development of Guangxi’s sugar industry and increasing the farmers’income.