本文对我国焦炭期货与现货价格数据进行实证分析,得出我国焦炭期货和现货价格间存在长期均衡关系,焦炭现货价格是期货价格的Granger原因,但焦炭期货价格对现货价格的引导作用并不明显。针对实证结果,本文最后给出了促进焦炭期货发展的对策建议。 This paper empirically analyzes the coke futures and spot prices in China, and finds that there is a long-term equilibrium relationship between the coke futures and the spot prices in our country. The spot price of coke is the Granger cause of the futures prices. However, the guiding role of the coke futures prices on the spot prices is not obvious . According to the empirical results, the paper finally gives some suggestions on how to promote the development of coke futures.