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Wheat price futures
The company successfully used futures hedging to avoid price risk. Calculation method.

1, spot market. Purchase price: 500 tons *1300 = 650,000 yuan.

Price: 500 tons *1260 = 630,000 yuan.

The actual profit and loss of the spot market is:-20,000 yuan.

2. Futures market: selling price: 500 tons *1330 = 665,000 yuan.

Purchase price: 500 tons *1270 = 635,000 yuan.

The actual profit and loss of the futures market is: 30,000 yuan.

The final profit and loss of the company is 10000 yuan.