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The Significance of Dry Pepper Futures to China's Pepper Industry
- 1 Renmin University of China
* Author to whom correspondence should be addressed.
Abstract
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.
Keywords
Industrial development, Dry pepper futures, New varieties of futures
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Cite this article
Xu,R. (2023). The Significance of Dry Pepper Futures to China's Pepper Industry. Advances in Economics, Management and Political Sciences,2,70-73.
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