价格波动的存货组合质押贷款最优清算策略

存货组合质押贷款可以有效控制风险，提高贷款额度，是解决中小企业融资难问题的有效途径，但其后期清偿管理仍存在着诸多难题，其中最为突出的便是市场价格波动对银行清偿质押物所带来的消极影响。本文从价格波动的随机性和不可预见性、组合性和复合性、相互影响和相互干扰、存货组合质押清算策略的鲁棒性和滞后性等方面分析基于价格波动的存货组合质押最优清算中存在的问题。并从价格监控和价格预测，单个价格和组合价格的关系，价格的系统变化、随机变化和相互干扰，提高存货组合质押清算策略的鲁棒性、时效性等方面提出相应对策建议。

Optimal Liquidation Strategy Research of Resultant Inventory Pledge Loan Based on the Price Volatility

Resultant inventory pledge loan can effectively control risk and raise the loan limit, which is an effective way to solve the problem of financing for SMEs. But there are still many problems in liquidation stage, the most prominent of which is the negative impact of market price fluctuations. This article analyzes the problems in the liquidation of resultant inventory pledge loan from the perspectives of randomness and unpredictability of price fluctuations, combination and complex of price, mutual in- fluence and interference, robustness and lag of liquidation strategies. Then it proposes corresponding suggestions in terms of price controls and price forecast, the relationship between single price and price combination, system changes of price, random changes and mutual interferences and improvement of the robustness and timeliness of liquidation strategies.