net long position

conversely if he has sold 120 contracts and bought 150 contracts he has a net long position of 30 contracts.

假如他卖出120份合约而买进150份合约，则其净多头头寸为30份合约。

although some funds will take short positions, the industry normally has a net long position.

虽然一些基金只是短期占据主导，但这一领域通常是长期主导的。

However, hedge fund influence has shrunk compared with positioning at the price peak last year, when the net long position stood at about 50,000 lots.

不过，与去年银价位于历史高点时的仓位状况相比，对冲基金的影响力已有所下降。当时，投机性净多头仓位约为5万手。

the other side of these contracts are held by speculators, who must therefore hold a net long position.

这些合约的另一方被投机者所持有，他们持有一个净多头头寸。