“ with the spot market getting even tighter it seems that steel makers are in a weak position , ” added mr smith , who forecast an increase of 50 per cent 史密斯补充称： “由于现货市场的供应变得更为紧张，钢铁制造商目前似乎处于弱势。 ”他预测铁矿石价格将上涨50 % 。
I believe it should be an important way to reduce the futures physical delivery risks to develop the agricultural production vigorously and enhance the standardization of the physical markets 大力发展生产，提高现货市场的标准化程度，是有效降低交割风险的一个重要途径。
A key conclusion brought up is that only in particular term the functions played well . the agricultural futures markets cannot satisfy the need of agricultural cash markets 分析表明，我国农产品期货市场已有个别品种发挥了功能，期货市场的现状还不能满足农产品现货市场的需要。
The grade of the listed commodity should be characterized with practice of the spot market , and substitutes should be discouraged to use for delivery 标准交割品应体现现货经营特点，尽可能减少替代交割品。跨年度交割品是否可以交剖，应在现货市场基础上，结合期货市场运行规律来确定。
The futures market can not solve all the problems confronted in the course of the reform , but it can play its unique role in the price discovery and price risk hedging 期货市场并不能解决粮改中遇到的所有问题，但是在发现粮食市场的远期价格和规避现货市场的风险方面，可以发挥其独特的作用。
China ' s prealent short - term trading mentality , combined with its inexperience in managing long - term contracts , has resulted in many of its companies relying on the spot market for resources 中国普遍存在的短期买卖心态，加上处理长期合同经验不足，导致许多中国企业依靠现货市场获取资源商品。
To avoid the expiration - day effects of derivatives overlapping with monthly effect of cash market , the optimal last trading day of index futures is best set in mid - month 为了防止期货到期日效应与现货月效应及假日效应等重叠，增大现货市场的波动性，本文建议将股指期货合约最后交易日设在月中。
China ' s prevalent short - term trading mentality , combined with its inexperience in managing long - term contracts , has resulted in many of its companies relying on the spot market for resources 中国普遍存在的短期买卖心态，加上处理长期合同经验不足，导致许多中国企业依靠现货市场获取资源商品。
The slowly - developed futures markets cannot satisfy the need to transfer the increasingly price risk of the underlying agricultural commodities , above all the risk of the grain 我国期货市场的缓慢发展状况，满足不了风险日益增大的农产品现货市场的需要，特别是满足不了粮食流通市场化改革的需要。
But it is possible that , rather than having the beneficial , stabilising effects on the spot market that theoretically come from the forward market , these activities are instead leading to higher volatility 但他们这些投机活动不一定会像理论所指有关期货市场有助现货市场维持稳定，反而会增加后者的波动。
