精品文档---下载后可任意编辑中国燃油期货价格发现功能讨论中期报告摘要:本讨论以中国燃油期货市场为讨论对象,旨在探究其价格发现功能。通过运用实证讨论方法,分别从市场利润、期货市场投机者行为及技术分析三个角度进行分析。讨论结果表明,中国燃油期货市场具有较好的价格发现功能,市场利润是价格发现的重要因素之一,期货市场上投机者的行为也为价格形成做出了贡献,技术分析在预测价格走势中具有一定的参考价值。然而,有关相关市场规则及监管政策的完善还需要不断加强,以提高市场价格发现的有效性及稳定性。关键词:燃油期货市场;价格发现功能;市场利润;期货市场投机者行为;技术分析Abstract:This research focuses on the price discovery function of China's fuel futures market. Through empirical research methods, this study analyzes the market profit, the behavior of speculators in the futures market, and technical analysis from three perspectives. The results show that the Chinese fuel futures market has good price discovery function. Market profit is one of the important factors for price discovery. Speculators in the futures market have also contributed to the formation of prices. Technical analysis has certain reference value in predicting price trends. However, the perfection of relevant market rules and regulatory policies still needs to be continuously strengthened to improve the effectiveness and stability of market price discovery.Keywords:Fuel futures market; price discovery function; market profit; speculators behavior in the futures market; technical analysis