- 四种商品期货的价格下限研究
- 罗威
- 647字
- 2024-11-04 08:34:27
第一章 商品期货的价格波动和价格下限的理论基础
第一节 商品期货各个品种的合约规则
我国有三大商品期货交易所,共上市交易47种商品期货。这三大商品期货交易所分别是上海期货交易所、大连商品交易所、郑州商品交易所,分别交易14种、16种、17种商品期货。各个品种的合约规则在下文中会详细阐述。
一、上海期货交易所
上海期货交易所的各个品种的合约规则见表1.1—表1.14。
表1.1 阴极铜的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0009_0001.jpg?sign=1739578119-eiOkxLzhvcIpg6jobHuK5h0TEwh6JVaZ-0-31988b7520574e5fe05774bfdba1eb33)
表1.2 铝的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0010_0002.jpg?sign=1739578119-5DsyQLvHoAPJ5dPqi2VVUgWnCuKl2Adh-0-59a55aba7502e3ef6a6fefd2e05b0771)
表1.3 锌的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0011_0002.jpg?sign=1739578119-WiI8ejdkwyobi6Ko3PHdCnSp8VtTVRKY-0-5881e45083a796f204b5aace759bd693)
表1.4 铅的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0011_0003.jpg?sign=1739578119-SxsOnHOekMciVPmpp3rkGKqFcflz3j1t-0-765726a737bdce335ed1300a5c7c04a5)
表1.5 镍的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0012_0002.jpg?sign=1739578119-SPrWfPKZbaNPAAHTticHB7UedBc0tfrq-0-445abeb2d20726f145f939ecb93359e8)
表1.6 锡的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0013_0002.jpg?sign=1739578119-M0Cbh7LgpVoV1Ym2C08Fgq0eC32aiHeL-0-5016800abab33c361eb39315f0dce012)
表1.7 黄金的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0014_0001.jpg?sign=1739578119-Zuz1OP8sPNHbhWO5tPpV3pvjXcvbL4Bp-0-d474b98906806924a954e43087d60c31)
表1.8 白银的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0014_0002.jpg?sign=1739578119-a99QAFxGyDFM5C3VHOcTlM7OKVXmFd37-0-df539ffdb94e55e9ddee4bd45302e3cc)
表1.9 螺纹钢的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0015_0002.jpg?sign=1739578119-AMev0ciE9aueOPeRAdv2oZcGnZL5TooT-0-e0aa3816f4ae7f3eee55f6d724795000)
表1.10 线材的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0016_0002.jpg?sign=1739578119-u3Euih4wG7Lqmyeuu6ayUEojewgiCkPL-0-038d477a2acf7610c660a0161328ae03)
表1.11 热卷的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0017_0001.jpg?sign=1739578119-bViFNGXC4DYCB7mOWoB0lxkJNj1Lcs9J-0-3e5ccea86571621b947079b6b287601b)
表1.12 燃料油的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0017_0002.jpg?sign=1739578119-K3fIkeLY5pqkVyjzOb6PzpFSOJgpAQSr-0-5fecae1612c13f652fc52f047429f598)
表1.13 石油沥青的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0018_0002.jpg?sign=1739578119-tZfSQlJTJae4KT1ydpkCyM35ZKhEoF4E-0-a50d39e8fc0f4bccc7ce085bca292fa9)
表1.14 天然橡胶的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0019_0001.jpg?sign=1739578119-AuJSm4SknsgsawUXpkKC1D14QsIJi0lA-0-f28bc3cf4151bc1a43adc8553e3e687f)
二、大连商品交易所
大连商品交易所各品种的合约规定如表1.15—表1.30所示。
表1.15 玉米的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0019_0002.jpg?sign=1739578119-9oqlUuD6wNNayPmAH3T0DMHkM2Z9QXxj-0-ac8fefbfd7454539af0be8836672b991)
表1.16 玉米淀粉的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0020_0002.jpg?sign=1739578119-GCJ8ZdL8EF0liiZRowRZDhkzGwrTg0lV-0-cd92118a7af0c9df84923412fa42e76d)
表1.17 黄大豆1号的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0021_0001.jpg?sign=1739578119-KZYNArQIBhq08vVe6Lup1bEEBfba83bN-0-abfec2c7fd9bb126b183f8d6cea0a32b)
表1.18 黄大豆2号的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0021_0002.jpg?sign=1739578119-tGc2uPV4l3b6EACHhS2NsGKXGUF9IhDv-0-efb0efe268d70e5755677359279acc5c)
表1.19 豆粕的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0022_0002.jpg?sign=1739578119-G5vE3mZYunZuFlCTSDEWKgte4WmSZhJV-0-37aacb8ac395e2570ca294c718f57c64)
表1.20 豆油的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0022_0003.jpg?sign=1739578119-0vfcx7lvCHNWpjnuyZvb5fNSTcI53aup-0-e05d1ccec05e94e81e6f449c9212f0a8)
表1.21 棕榈油的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0023_0002.jpg?sign=1739578119-jmxZdUQ7wHpjAEy3sCG2v51rP8WNLd7t-0-a873a6a2f932a08f3b467a8334a0741b)
表1.22 纤维板的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0024_0002.jpg?sign=1739578119-8DvcYd9jHheLHGY6ijVjoJFYLmHJn6ED-0-c362915227d13adceabe0d76015866f2)
表1.23 胶合板的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0024_0003.jpg?sign=1739578119-gi8DSoaDc5G2w0W2de0N3h7KMoaTBxTf-0-5fa5327ed8c7b85ab36d30952653aea3)
表1.24 鸡蛋的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0025_0002.jpg?sign=1739578119-m6qSMDlELvFNVzbfPYToADUOwv5JudAd-0-c4c3b7f9a76e5ff1ffb48f8935902b16)
表1.25 聚乙烯的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0026_0001.jpg?sign=1739578119-HzEz2YjvNrtSIIMLmB1dCUmVFNIcSx9d-0-df82cb520e7d338b630887f6d389c2f5)
表1.26 聚氯乙烯的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0026_0002.jpg?sign=1739578119-SheOZod9boa386cNpz4TVyYm2NqmvMpu-0-c7d472b3e5954c01f9496756cc5431c8)
表1.27 聚丙烯的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0027_0002.jpg?sign=1739578119-7isH8CAdPqY7tDTW9R2zuustcOwKqOjG-0-a21d47d572615083ddd4601b51510e7a)
表1.28 焦炭的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0027_0003.jpg?sign=1739578119-5YxiMsEKCLKdnwTH4vuEaW35PgzacPWt-0-f37cd4c23de0dba0786767a7a57f1ad9)
表1.29 焦煤的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0028_0002.jpg?sign=1739578119-uTAfghZw6OwIqYl0m0OPoKery9pr45Zx-0-dc7adaeddaa8a2db0b2b9cbc69fa5227)
表1.30 铁矿石的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0029_0001.jpg?sign=1739578119-oAYIySybvYyP7YgGpBNiQfceqvpgU4Cb-0-a33c13b81f98b95d6ce583c11340c40e)
三、郑州商品交易所
郑州商品交易所各品种合约规则见表1.31—表1.46。
表1.31 强麦的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0029_0002.jpg?sign=1739578119-qRaezMln4fyJhL2PSKGhUK4PNcGQafkd-0-d6acf1902d0731f6facc1702fb2e31bc)
表1.32 普麦的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0030_0002.jpg?sign=1739578119-6137obzpu5EgXwEEwUgZeBWtKihG95op-0-057bab3f45f8a35577be3908abd1eab7)
表1.33 棉花的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0031_0002.jpg?sign=1739578119-KS3DK7CTdvL3VtZvuEv8d6wllarY4YkM-0-f11e8fc795af3f3158710229a8c05b51)
表1.34 白糖的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0032_0001.jpg?sign=1739578119-1BlFAAuHrhpbJUjNsfriCC1Glc3qFbrk-0-1414fda0da7b15a1e2096d827ed8360a)
表1.35 PTA的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0032_0002.jpg?sign=1739578119-VyjaGmoNQfkax1zJsH65py9j9YsEpbZA-0-0a5efea12b5c9dd529ea6d154593c984)
表1.36 菜籽油的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0033_0002.jpg?sign=1739578119-XaIyQNSMeKNkk9kEtc5YKadFJmlhZaKE-0-0bd876350ca727808806e39edf55286f)
表1.37 早籼稻的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0034_0001.jpg?sign=1739578119-vaV8Mb5hyfPnUvHVaulTwARoCg2VNbfR-0-ad94320437adc2191df972700ad5c3c9)
表1.38 甲醇的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0034_0002.jpg?sign=1739578119-s4Vi8Or6ctWmlcOsTabQznr2n9F5JEOs-0-6b35b8a0e7ed53d2b2420e4a6bb0e89c)
表1.39 玻璃的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0035_0002.jpg?sign=1739578119-Yeo2gfgiuSIWv9THpROPqaawfvcHVDU9-0-49289b1f4bf9960774ef9c4b3452c1df)
表1.40 油菜籽的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0036_0002.jpg?sign=1739578119-sccuVEDZO7pfB6i81BiG7oUo8Af9dYDJ-0-d20375787f65f16cd481c1cca3b94bf1)
表1.41 菜籽粕的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0036_0003.jpg?sign=1739578119-dK4itmD1Nps2bwCOZoDrdl7ATkl4a3BR-0-4ed05a1bc16f7812334453b28c6d8fde)
表1.42 动力煤的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0037_0002.jpg?sign=1739578119-BeU005lujyHF0vfpKdVseKbeqNyKUc7P-0-4aa9000afa531384f6080a6687282c6a)
表1.43 粳稻的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0038_0002.jpg?sign=1739578119-TVhdYduuhnGMjeTmlSTR4fiVPFq0T2EQ-0-082b0c46e202dfd89b895a6e8f24a5b4)
表1.44 晚籼的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0038_0003.jpg?sign=1739578119-lVbLEKqvBN2HGZRjCChtvcCQuqSjwKAE-0-6adcc3f0f886e96c6bf56cb47c069a01)
表1.45 铁合金的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0039_0002.jpg?sign=1739578119-G1D9WsYJKAQqE1MU6uuFvKLXKAcievOF-0-ec800b89d171253517ece7607d1bbd89)
表1.46 棉纱的合约规则
![](https://epubservercos.yuewen.com/A10E04/16508679105944806/epubprivate/OEBPS/Images/figure_0040_0002.jpg?sign=1739578119-MGCbyn2PnOZzokepSGe4MSuQiSwqAeUx-0-9947c28c4d8c0a5c6283f347b80244a1)