简要回答
Point pricing sets the contract price against the exchange price in an agreed window. Pricing status decides unpriced exposure, so it must link with hedging and settlement.
How do enterprises manage point pricing?
Contract → point pricing → exposure → hedging → settlement, one chain.
PROBLEM
Why point pricing is hard to manage
Pricing status opaque
Which contracts are priced is scattered across ledgers, so exposure cannot be computed.
Point pricing and hedging disconnected
Hedges are not closed after pricing and no protection exists while unpriced.
Pricing not linked to settlement
Pricing results never reach settlement and valuation, so margins are distorted.
BUSINESS FLOW
Point pricing business flow
- 01Contract
Agree the pricing window, exchange and volume
- 02Point pricing
Price against the exchange within the window
- 03Unpriced exposure
Unpriced volume becomes price exposure
- 04Risk resolution
Hedge or price to offset price risk
- 05Settlement
Pricing results enter settlement and valuation
BUSINESS FACTS
Business facts in the point pricing scenario
Business Fact
Copper purchase contract
- Volume
- 1,000 t
- Pricing method
- Point pricing
- Pricing window
- 30 days
- Priced
- 400 t
- Unpriced
- 600 t
更新：2026-09-14
RISKS
Risks in point pricing
Risk
Needs attentionUnpriced exposure
- 影响
- 600 t unpriced; every 1% price rise adds roughly ¥60k to purchase cost
- 来源
- Purchase contract
常见问题
Q. Why do copper enterprises need point pricing management?
A. Point pricing is the common pricing mechanism. Unpriced volumes form price exposure; pricing execution, windows and hedging must be managed together or costs and margins move with the market.
Q. How do point pricing and hedging relate?
A. Point pricing decides spot pricing status; hedging offsets unpriced exposure. While pricing is open, exposure needs hedge cover; once priced, hedges should be closed accordingly.
See point pricing run as a loop
Book a demo and watch point pricing, exposure, hedging and settlement work together.