KL集团套期保值业务分析

The Research on Hedging Business of KL Group

本文简述了黑色产业链期货市场基本情况,研究了KL集团参与期货套期保值的必要性和可行性、存在的问题与风险。通过以KL集团炼焦精煤为例,结合产量预算和生产经营状况,以近期炼焦精煤行情走势为依据,详细阐述了套期保值的策略,最终形成一套详细的、实用的套期保值方案,为企业由被动经营变主动出击提供新思路。

This paper briefly describes the basic situation of the black industry chain futures market,and studies the necessity,feasibility,existing problems and risks of KL Group participating in futures hedging.Taking the coking clean coal of KL Group as an example,combined with the output budget and production and operation status,and based on the recent coking clean coal market trend,this paper expounds the hedging strategy in detail,and finally forms a set of detailed and practical hedging schemes,which provides a new idea for the enterprise to change from passive operation to active attack.