Fang Xinghai said that at present, while the risks brought by natural factors to agriculture are gradually decreasing, the risks brought by market supply and demand factors are increasing, and preventing market risks is increasingly becoming the main content of agricultural risk management. To a certain extent, "whether it can be sold and at what price" has become more important than "whether it can be planted". The futures market has always played an important role in preventing agricultural natural risks, and it is an indispensable tool for traditional agricultural risk management.
"Looking forward to the future, after the market supply and demand risk becomes more and more important, the major futures markets will play a more irreplaceable role in managing agricultural risks, because futures prices are essentially a timely and effective reflection of the subtle changes in the supply and demand relationship in the spot market, and preventing agricultural supply and demand risks is the essential attribute and specialty of futures markets. Our comrades engaged in the futures industry are welcoming an era when they can show their talents even more. " Fang Xinghai said.
Fang Xinghai said that the futures market can slow down or even eliminate the impact of risks brought by agricultural natural conditions on the economy, but it cannot reduce the natural risks themselves. Rainfall will not change because of the existence of the futures market, and pests and diseases will not be alleviated because of the futures market. The futures market can reduce the changes in the supply and demand of agricultural products, especially the risks brought by the changes in suppliers. "All industries with high fixed costs are futures. The application field of the futures market should far exceed the existing commodities. "
(Article Source: shanghai securities news) Solemnly declare: The purpose of publishing this information is to spread more information, which has nothing to do with the position of this website.