现货市场

Futures market is a product of the market economy develops to a certain stage. It is also one of the most powerful tools serving the spot trading in finance market. Corn futures market's unique functions of price trend discovery and hedge enable the corn farmers and relevant enterprises to know in advance the long-term price trend, and formulate the correct business strategy according to their own situation, and lock the risk and profit ahead of time.

期货市场既是市场经济发展到一定阶段的产物，又是金融市场中为现货服务最有力的工具之一；玉米期货市场特有的远期价格发现功能和套期保值功能可以使农民、相关企业提前了解玉米的远期价格走势，并根据自身的情况，制定正确的经营策略，提前锁定风险和收益。

This paper is studying fluctuation of price, backwardation and contango in future markets. Based on the theory of future market and spot market, it takes a further analysis of Robert and Nir's study of backwardation in oil future markets. By data acquisition and processing, descriptive statistics and time series analysis, it investigates the relationship between backwardation and the equilibrium of oil future prices and spot prices.

本文根据期货和现货的相关理论研究，以Robert和Nir对石油期货市场延期交割费的研究为基础，采用数据收集、对比统计分析和时间序列分析的方法，建立模型进行实证分析，对石油期货市场延期交割费的相关问题进行了研究。

When investors are in the treasury secondary market, they have to undertake two kinds of risks: the first one is yield risk, that is, return of investment is lower than inflation rate. This risk can be depicted as the deviation between the ROI and the inflation rate. Secondly, fluctuation risk in the treasury secondary market, that is, the uncertain fluctuation risk may be bullish or bearish in the treasury market.This risk can be depicted as the square deviation of the treasury price in the secondary market.

在国债现货二级市场上的投资者，要承担的风险主要有两种：第一种风险是收益率风险，也就是投资收益率可能低于通货膨胀率的风险，这种风险可以用与通货膨胀率相比较的差值的大小来描述；第二种风险是二级市场价格波动性风险，也就是市场价格上、下波动的不确定性风险，这种风险可以用二级市场价格的标准差来描述。

Home of pickling this factory jockeys more as before wait-and-see, resource of market merchandise on hand is not much, fadein of state of mind of carry out of partial area cherish, although perch of crude benzole market has small fall after a rise, but because prices of benzene of near future hydrogenation is bullish, manufacturer still is purchased actively to crude benzole, because of price of this crude benzole not because of cooking manufacturer jockey and suffer an effect, market of downstream not saturated colophony with be being given priority to smoothly, attention raw material goes situation, the market is overall hand in cast general.

酸洗本厂家依旧多停车观望，市场现货资源不多，部分地区惜售心态渐显，粗苯市场高位虽有小幅回落，但由于近期加氢苯行情看涨，厂家对粗苯仍积极采购，因此粗苯价格并未因焦化厂家的停车而受影响，下游不饱和树脂市场以平稳为主，关注原料走势，市场总体交投一般。

First of all, shipping prices, most of China's steel demand to adopt a charter, signed a long single lock little cost, often outside the mine during the negotiations period to buy a large number of vessels, raise the sea-freight, driving up spot prices of iron ore; The second is to control the supply of cash, take advantage of China's steel market season, creating panic in short supply, is expected to raise prices; third, to promote intra-industry mergers and acquisitions, raise the ore concentration, grasp the initiative in the negotiations; Fourth, the use of exchange rate fluctuations The key point to find the best object of negotiations.

首先是海运价格，中国钢厂大部分采用即期租船，很少签长单锁定成本，外矿往往会在谈判期间买入大量期船，抬高海运费，从而抬高铁矿石现货价格；其次是控制现货供应量，利用中国钢材市场旺季来临，制造供应短缺恐慌，提高涨价预期；第三，推动行业内部并购，提高矿石集中度，掌握谈判主动权；第四，利用汇率变动的关键点，寻找谈判最佳对象。

The price in the marketplace for actual cash or spot commodities to be delivered via customary market channels.

以传统的市场渠道交货的现货商品的市场价格。

Liaocheng seamless steel pipe, according to experts in business-related understanding, affected by Rio Tinto, the three mining companies have stopped the near future in China's iron ore spot market bidding, the cash resources of China's ports has become relatively tight.

据聊城无缝钢管企业相关专家了解，受力拓事件影响，三大矿山公司近期已经停止在中国市场的铁矿石现货投标，中国港口的现货资源因此变得相对紧张。

This article includes the futures market pricing forwarding function into the expulsive expectation to anlysize the futures trading effect on the spot price, and the conclusion is that the spot price is more stable with the futures trading than without it.

本文在外推法的预期框架下引入期货市场的价格发送功能分析期货交易对现货价格稳定性的影响。得出的结论是在外推法预期下，期货交易起到了稳定现货价格的作用。

Be a large-scale, the file time is high, the equipments perfect and super and large business sail mothe r － the Shanghai Caoan machinery mark, be have a foothold in the high point of departure, high personal status on the programming, on the design the principle that persistence" make people the center", press the factory's principle of management fixed position: Break the tradition is subjected to be limited by the shop front, the office building demonstration space small, depend the mode of the manpower sale, provided to gather the demonstration and play to show, trade etc.

作为一座规模大、档次高、设备完善的超大型商业航母——上海曹安机械市场，在规划上立足于高起点、高品位，在设计上坚持&以人为本&的原则，按厂商的经营理念定位：打破传统受限于店面、写字楼展示空间小，靠人力销售的模式，为厂商提供了集展示、演示、交易等多功能为一体的超大型商业舞台，不仅扩大了行销通路，解决了库存现货的压力，同时让厂商仿佛拥有一组阵容强大的幕群，能随时随地掌握市场动态，降低销售成本，实现常年展示、天天交易。

My company is a joint Mercantile Exchange spot market, the Board approved, specializing in trade of goods and cash transactions at the provincial level agencies.

我公司是经联合现货商品交易所市场理事会批准，专业从事商品贸易与现货交易的省级代理机构。

In the negative and interrogative forms, of course, this is identical to the non-emphatic forms.

。但是，在否定句或疑问句里，这种带有"do"的方法表达的效果却没有什么强调的意思。

Go down on one's knees;kneel down

屈膝跪下。。。下跪祈祷