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Futures industry in China 's rapid development , related to people's livelihood, the bulk of strategic commodities futures trading has been and international standards ( such as oil, copper , soybeans , cotton , etc. ) , the two functions of the futures markets : price discovery , risk-averse , increasingly relevant enterprise seriously. State-owned enterprises to fully utilize the futures market to hedge operation , has played a positive role for the enterprises themselves long-term , healthy and stable development . However, in practice , there are also cases of failure \In view of this, the study state-owned enterprises how healthy, active use of the futures market , effectively control the risk is very practical significance . Standing in a managerial point of view , the basis of the departure from theory with practice starting the theorized state - owned enterprises to participate in futures hedging concept , characteristics and significance , citing the success stories . Then , the article focuses especially on the problems of the state-owned enterprises in the actual operation , and propose a solution proposals . Finally, as an entry point to reflect on the institutional defects . I hope this paper, state-owned enterprises of a dominant position in the national economy can gain something from .
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