Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Series Vol. 2 , 22 March 2023
* Author to whom correspondence should be addressed.
In recent years, many new futures varieties have been launched in China's futures market, such as apples, dates and pigs. Recently, the CSRC and relevant departments of the stock exchange jointly planned and launched a new futures variety -- dry pepper futures, which will be listed and traded in Dalian Futures Exchange in 2022. The listing of dried pepper futures has a very important pilot and demonstration significance for China's pepper industry and even the national agriculture. It is not only conducive to traditional agriculture to avoid the price volatility risk brought by market supply and demand through futures trading, but also to realize better circulation through standardized delivery, thus promoting the development of the entire agricultural economy. In this paper, through the investigation of Guizhou local dry pepper planting and trading status quo, comparative study of the international pepper futures market status quo, the contract design and delivery standards of dry pepper futures put forward suggestions, and expounded the relevant influence and significance, pointed out the futures companies and business department development opportunities and countermeasures.
Industrial development, Dry pepper futures, New varieties of futures
1. Brooks, C., Prokopczuk, M., & Wu, Y. (2013). Commodity futures prices: More evidence on forecast power, risk premia and the theory of storage. The Quarterly Review of Economics and Finance, 53(1), 73-85.
2. Kong, M. (2020). Research on the influence of agricultural futures market development on agricultural industrialization. Commerce, 18(4), 275-276.
3. Cai, S. (2018). Research on the development path of China's agricultural futures Market under the new Situation. Finance Theory and Practice, 32(5), 87-90.
4. Mahringer, S., & Prokopczuk, M. (2015). An empirical model comparison for valuing crack spread options. Energy Economics, 51, 177-187.
5. Peng, Y., Xie, T., Luo, Y., et al. (2018). Current situation, problems and fission development strategy of "Hot pepper Silicon Valley" in China. Vegetables, 18(7), 27-33.
6. Liu, C. (2019). Analysis of current situation and development prospect of Processing pepper industry in China. Food Safety Guide, 25(21), pp.55-59.
7. Ma, Y. (2018). Analysis of pepper industry in China. Chinese Journal of Pepper, 9(1), 1-5.
8. Wang, T. (2020). Problems and Countermeasures of Pepper industry in China. Northwest Horticulture, 19(4), 4-5.
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open Access Instruction).