Purchase of futures against the fixed price forward sale of a cashcommodity.
为了确保将来能以固定价格卖出现货商品而买入期货合约。
2
Ratio of the value of futures contracts purchased or sold to the value of the cashcommodity being hedged, a computation necessary to minimize basis risk.
所买卖的期货合约价值与要进行套保的现货商品价值之间比值，用来计算最小化基差风险。
3
Higher futures prices could have sent a signal to commodity producers, who then decided to hoard their stocks rather than sell them in the cash market.