影响玉米价格的因素分析及投资方法研究.doc

摘 要 2004年9月22日玉米期货品种在大连商品交易所上市，这是自1998年中国期货市场清理整顿以来，玉米期货的重新推出。目前玉米期货是国内现货规模最大的农产品期货品种。仅2006年上半年就成交了7272．58万手，11283．31亿元，占同期全部农产品期货交易的21%和32．6%。September 22, 2004 corn futures listed on the Dalian Commodity Exchange, which is since 1998 Chinas futures market to straighten out, the re-launch of corn futures. Corn futures is the largest agricultural futures in the domestic spot size. Turnover in the first half of 2006 alone, 72,725,800 hand and 1.128331 trillion yuan, accounting for 21% and 32.6% of all agricultural futures in the same period. Corn and soybean meal is an important feed ingredients, including corn in the compound feed, the proportion of about 60%, and its price volatility for feed companies a great impact. The use of corn futures price can be an effective use of discovery and to avoid the risk function to guide the planting of the maize origin of structural adjustment, increase farmers income, but also to attract social hot money to share the risk of the industry, enhance their market competitiveness, for the improvement of the international corn market competitive advantage has important practical significance. This article analyzes the economic situation of the international and domestic corn futures with specific data and graphs, supply and demand of domestic corn futures, the factors affecting the price of corn, the corn futures investment strategy. International Maize futures production, consumption, trade situation, policy development, industry development circumstances analysis of supply and demand of the International Maize futures around the corn supply, demand, imports and exports and the dollar index of corn futures prices factor. Finally, according to the above conditions as well as domestic corn futures investment strategy, in order to obtain the speculative interests, corn futures investment strategy. Keywords: Supply and demand;Price volatility;Speculative interests;Investment Strategy 目 录 摘 要 I Abstract II 目 录 III 第1