义煤集团武予鲁:推出动力煤期货时机成熟
义煤集团董事长武予鲁认为,从保障我国动力煤产业及整个煤炭行业的健康持续发展,乃至国家能源安全的战略高度来看,推出动力煤期货,对促进我国煤炭产业市场化体系建设,形成有利于我国的国际煤炭市场定价格局,具有重要意义。
记者:为什么要推出动力煤期货?
相关公司股票走势
*ST远洋%20武予鲁:动力煤期货有利于促进我国煤炭产业市场化体系的建设。重点合同煤与市场煤在资源供给、运力配置和价格水平上存在着明显差异,限制着市场机制作用的发挥。2012年以来,煤炭供需形势出现了近年来少有的宽松局面,随着重点合同电煤与市场煤价差明显缩小,甚至在一些地方还出现了倒挂现象,电力企业的经营状况有所改善,煤电市场化改革的条件也基本成熟。
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"%20alt="义煤集团武予鲁:推出动力煤期货时机成熟"%20/>
2013年是取消重点合同煤的第一年,对于交易价格的确定,煤电双方存在着较大分歧,国内缺乏权威、科学的煤炭价格供双方参考。在此背景下,诸如动力煤协议价格如何形成等一系列问题能否得到解决,不但关系到“无重点合同时代”煤炭产、运、需能否有效衔接,更是煤炭市场化改革能否有序推进的重要影响因素。动力煤期货交易是在“公开、公平、公正”的交易平台上,通过大量市场参与者公开集中竞价,充分反映市场供求等影响因素,形成公正、透明、权威的动力煤中远期价格体系,从而能有效发挥价格发现和规避风险的市场功能。
动力煤期货能够为煤炭、电力等相关上下游企业签订长短期协议提供有效价格参考,减少定价分歧、降低交易成本、提高市场效率。同时,企业还可以利用动力煤期货参与套期保值以规避现货贸易中所带来的风险。
记者:现在推出动力煤期货的时机是否已经成熟?
武予鲁:开展动力煤期货是落实国家相关产业政策的积极举措,当前日渐有利的宏观环境,良好的现货基础、强烈的企业需求以及较为完善的专业研究都表明推出动力煤期货的条件已基本成熟。
首先是日渐有利的宏观环境。2008年经济危机后,全球经济增长减速。随着煤炭需求“激增期”的过去,今后一段时间煤炭市场或将出现供大于求的局面。适度宽松的市场环境,卖方市场逐步转向买方市场的发展趋势,为持续深化煤炭行业市场化改革,通过推出动力煤期货进一步完善价格形成机制、满足实体经济发展要求提供了有利时机。
其次是良好的现货基础。国家统计局数据显示,2012年我国煤炭产量高达36.5亿吨,按照动力煤约占我国煤炭总量的75%测算,动力煤产量约为27.4亿吨,据煤炭运销协会推算,净进口动力煤1.85亿吨,表观消费量约29.25亿吨。按照550元/吨(秦皇岛港5000千卡/千克港口平仓价)的价格进行计算,动力煤市场价值约为1.6万亿元。
第三是企业需求强烈。动力煤期货的上市将会给产业链中每一个环节的企业带来积极影响,不仅可以利用期货市场套期保值,还可以起到减缓价格波动的作用。相关企业通过结合自身的经营运作模式有效利用期货市场,进行价格风险管理,可以锁定成本或利润,为企业平稳运行创造宽松环境。
记者:您认为推出动力煤期货对我国动力煤产业及整个煤炭行业的发展有什么作用?
武予鲁:当前,我国经济增长方式转变、产业结构调整升级初见成效,在煤炭等一次能源需求增速放缓、有效供给逐步增加的市场环境下,应该加快推进开展动力煤期货的步伐。
首先,提供有效利用动力煤期货市场,可以实现企业稳健经营。动力煤期货上市后,企业可以利用期货价格所反映的信息和交易平台,选择对企业有利的交易方式和价格,实现卖出和买入,增强企业对价格的控制能力,提高企业经营管理水平,实现健康持续发展。
其次,在当前煤炭市场价格放开的背景下,上市动力煤期货有利于缓解“煤电联动”压力。电力以及其他用煤企业可依据自身的需要,在期货市场上建立相应的套期保值头寸以对冲因煤炭现货市场价格上涨而带来的经营风险,通过完全自主的市场手段解决市场问题。
最后,未来我国经济实力的进一步提升,客观上需要完善的煤炭市场体系相配套,推出动力煤期货是其中重要的、必不可少的组成要素。期货贸易是对长协贸易、现货贸易的有效补充,有利于推进企业贸易方式的多元化,完善煤炭市场的运行模式,促进我国煤炭产业市场化体系的建设。