基于结构性权力理论的铁矿石期货定价权分析OACHSSCD

Although China is the largest iron ore importer,it is faced with the problem of lack of iron ore pricing power,which will seriously restrict the development of China's iron and steel industry and related industries,and even threaten China's economic security.Selecting the iron ore futures settlement prices of Dalian Commodity Exchange and Singapore Exchange,this paper uses Granger causality test to verify the phenomenon of the lack of China's pricing power of iron ore futures.Based on the perspective of structural power,the paper uses multiple factor analysis method to analyze the influence of four kinds of structural power on the pricing of iron ore futures,so as to explore the reasons for the lack of China's pricing power of iron ore futures.The results show that the four structural powers all have an impact on the iron ore futures price in China,among which the safety structural power has the greatest impact.And then,based on the research results and the current trade situation,the paper puts forward the policy recommendations for China to acquire the iron ore futures pricing power from four aspects of production,finance,knowledge and security.