套期保值助力金属材料加工企业节省采购成本

Group 1 - The core viewpoint of the article highlights the importance of using futures for hedging against price volatility in the aluminum market, particularly for companies like the zinc processing enterprise that have significant monthly aluminum procurement needs [2][8]. - The zinc processing enterprise primarily engages in the research and development of non-ferrous metal alloys, utilizing aluminum, zinc, and nickel, and faces challenges related to the quality of aluminum ingots sourced from the market [2][8]. - The enterprise has established a hedging strategy involving the purchase of futures contracts to stabilize operations and mitigate risks associated with fluctuating aluminum prices [8][11]. Group 2 - The aluminum market experienced significant price fluctuations, with prices rising sharply in early 2024 due to macroeconomic factors, followed by a decline in the third quarter, indicating a volatile trading environment [5][7]. - The enterprise's hedging operations involved buying futures contracts when the basis was positive, allowing them to manage procurement costs effectively while ensuring the quality of raw materials through the use of registered delivery brands [8][9]. - The case study illustrates that the zinc processing enterprise successfully utilized futures contracts for five consecutive months, achieving their objectives of price risk mitigation and quality assurance in raw materials [10][11].