The Product Design Of Frozenpork Futures In Our Country

From the perspective of the world's pork production and consumption patterns,China's pork production and consumption accounted for about 50%,so the price level of pork in China not only for the stability of the global pork market has a pivotal role,but also for the stability of the domestic market price of pork and Supply,increase the income of rural residents and promote the development of rural economy in China are playing a very important role.Therefore,the fluctuation of pork prices has always been closely concerned about the issue of my government,pork price fluctuations not only affect the vital interests of consumers,but also related to the healthy development of China's pork industry chain,if the pork prices appear frequently large fluctuations May also threaten social stability.Therefore,pork prices not only affect the interests of producers,but also have a direct impact on the interests of consumers.And look at China's pork price fluctuations,the volatility of the situation has occurred,but the domestic derivatives market has been the lack of similar to the pig futures such hedge price risk contract.And compared to foreign related hedging tools,we can find a number of foreign countries have introduced lean meat futures to achieve the hedge against the risk of fluctuations in pork prices,although China has not yet listed the relevant futures varieties,but many countries in the world Have been listed on the relevant futures varieties,so our traders through the pig market and the international pig market for the relationship between the hog price forecast,and in the international futures market to find indirect investment opportunities.With the emergence of pork prices in recent years,the price of non-regular price increases and the phenomenon of frequent price reduction,so whether it is China's pig farming sector farmers and enterprises or processing slaughtering enterprises and China's pork consumption enterprises to increase The degree of attention to avoid the risk of price fluctuations.Based on the current situation of pig market in China,this paper analyzes the demand of risk management tools for upstream and downstream enterprises of pig industry in China's pig market,and draws lessons from the specific piging design in many countries abroad.Futures products,as well as the feasibility of futures trading,and ultimately designed a suitable futures market in China's frozen pork futures contract.The main frame of this paper is divided into the following four parts.The first part analyzes the feasibility of listing frozen pork futures in China,and introduces the main functions and functions of futures.The second part mainly designs the elements of futures contracts,and through the establishment of time series model,the Monte Carlo simulation algorithm is used to simulate the initial price of futures products.The third part focuses on the risks and benefits of futures products.The fourth part analyzes the innovation of frozen meat futures and expounds the gaps of such varieties in the futures market,as well as the relevant industry analysis,and finally put forward the product promotion proposal.