人造板期货重新起航

Re-sailing of Wood-based Panel Future

人造板行业的2个重要品种:中密度纤维板和细木工板于2013年12月6日在大连商品交易所挂牌上市,这是继上个世纪90年代胶合板期货退出期货市场舞台后在我国重新上市,上市后交投活跃,备受市场关注。笔者对我国历史上胶合板期货交易的情况进行了回顾,介绍了国际市场人造板期货交易的历史和演变,最后对我国上市人造板期货的意义进行了阐述,认为在人造板行业产能过剩的现实条件下,行业企业面对转型升级的挑战,利用好期货工具,发挥期货市场作为风险管理工具的作用,可为行业的发展保驾护航。

As two important parts of industry of wood-based panel,fiberboard future and block board future are listed in Dalian Commodity Exchange on 6th Dec.2013.This was the returning of wood-based panels＇ futures in China since delisting of plywood future in 1990＇s.In this article,there is a review of trading history of plywood future in China,then introducing the variation of wood-based panels＇ futures trading abroad,in the last part it is the industrial significance of these futures trading again in our country.Under the condition of wood-based panels＇ industry overcapacity,enterprises facing the challenge of industry mergers and acquisition,they make good use of future tools to manage risk for the development of the industry.