Influence of market factors on the pricing of exchange traded metals in the medium term

On the basis of comparison of the influence of the stock exchange factors on the pricing of nonferrous metals for medium term with similar results for short term, it has been established that the main attention should be paid to the changes in the pricing environment on the metal market as a function of the prices of exchange traded metals. The situation on the market of energy carriers (hydrocarbons) and the European, American, and Asian stock exchanges can be based on parity and even significantly influence the variation of the metal prices. In the medium term, constructive development of metal trade should be reasonably promoted by changing the elasticity of supply with regard to prices for exchange traded metals and by applying the stock exchange factors that positively influence the pricing on commodity and stock markets.     

Formation of the metal and energy-carrier price clusters on the world market of nonferrous metals in the postcrisis period

The laws of formation of price clusters are revealed upon statistical processing of the data on changing the quotation prices of nonferrous and precious metals, oil, black oil, gasoline, and natural gas in the postcrisis period from January 1, 2009 to November 1, 2013. It is found that the metal prices entering in the price cluster of nonferrous metals most strongly affect the formation of the nonferrous metal price and that the prices of precious metals and energy carriers correct the exchange price of the metal to some extent but do not determine its formation. Equations are derived to calculate the prices. The results of calculation by these equations agree well with the real nonferrous metal prices in the near future.     

The influence of integration processes in nonferrous metallurgy on costs and prices of enterprises

The metallurgical industry of Russia was the object of investigation. The subject of the investigation were the mechanisms of managing costs and the price level for metal production, which is very topical from the viewpoint of maximizing them, and the main directions in the development of nonferrous metallurgy and the nonferrous metals market. Based on the results of studies on the main tendencies in the development of world and Russian nonferrous metallurgy, the influence of these factors on costs and prices is analyzed. Examples of the industry’s main institutional changes in the Russian Federation are presented. These investigations resulted in the development of a procedure that improves the mechanism of controlling costs and price level for metal production taking into account the situation in this field and on the nonferrous metals market.     

黄金价格波动对黄金生产企业股价影响的实证分析

通过建立二元线性回归模型,分析了黄金价格和证券市场指数的波动对在国内证劵交易所上市的3家黄金生产企业股价的影响,得出了现货黄金价格和证券市场指数波动都能对黄金生产企业的股价产生显著的正向影响,即黄金现货价格上扬和证券市场的走强会带动黄金生产企业股价的上涨,黄金现货价格下挫和证券市场的走弱会带动黄金生产企业股价的下跌。     

世界有色金属工业结构调整方向与我国应对策略的探讨

随着经济全球化与信息化时代的到来,世界有色金属大型跨国公司纷纷进行战略性结构调整,以谋求在日益激烈的市场竞争中占据有利地位。本文从世界有色金属工业发展的主要趋势出发,分析了世界有色金属工业结构调整的主要特点,并探讨了在新的形势下发展我国有色金属工业的应对策略与措施。     

基于弹性系数法的湖南省有色金属资源供需安全研究

基于有色金属矿产的资源特点和国家“十三五”规划战略思想的大背景,认为湖南省有色金属产业正面临着机遇与挑战并存的局面。将资源安全与市场经济结合进行研究,从有色金属的市场供求关系入手,利用弹性系数法进行定性定量分析,测算了2006~2015年湖南省有色金属年均消费、生产弹性系数及未来5年的市场供需情况。建立矿产资源供需安全度评定指标,分析了10年内湖南省有色金属安全状况及未来发展形势。结果显示,湖南有色金属资源综合利用率较低,产业结构配置不平衡,产品精制程度低且科技含量不高,预计未来将出现供需严重失衡现象,资源安全性大大降低。最后,以平衡市场供需压力为基点,从5个方面为保障湖南省有色金属资源安全与产业经济发展提出了对策建议。     

新材料产业化与有色金属工业可持续发展

有色金属新材料的开发和产业化,对有色金属工业的可持续发展将产生重大影响。发展有色金属新材料是有色金属工业企业产品结构调整的需要,参与国际竞争的需要、也是国民济总体发展的需要因此,发展有色金属新材料应成为有色金属工业发展的一项重要战略任务。本文阐述了有色金属新材料发展的重要性、发展趋势和发展重点。     

从湖南有色金属出口情况看入世对有色工业的冲击与挑战

文章综合分析了湖南有色金属“九五”期间的出口贸易状况，并对影响出口的因素及出口市场环境进行了分析，提出了加入WTO后，扩大有色产品出口的对策措施。     

有色金属工业下一个投资热点—深加工工业

随着有色金属工业的迅速发展,中国已成为世界第二大有色金属生产国,但是冶炼工业的投资增长高潮已经停滞或趋于稳定。另一方面,随着中国市场对有色金属深加工材料的需求不断增加,下一个投资热点将是有色金属深加工材料工业。     

外贸政策调整对铜产品进出口的影响

我国是有色金属大国,铜资源储量居世界第七位,铜等有色金属的消费量与GDP的线性相关系数超过0.9%,成为保持国民经济持续稳定快速发展的战略性资源之一。论文分析了近年来多次外贸政策调整对铜产品进出口的影响,得出国家对铜产品外贸政策导向是稳定国内需求、适度抑制出口,引导产业和出口产品结构调整的结论。     

有色贸易商进出口业务运作之我见

随着世界经济的放缓,有色金属进出口贸易利润大幅降低。中国加入WTO,贸易商为求生存发展,必须适时地调整经营模式,以适应全球经济的竞争。首先,必须开展多种贸易形式,除一般贸易外,进料加工等方式也可根据企业自身的条件适时开拓。其次,多种商品灵活经营,其中小金属、稀散金属、铸造产品等边缘商品的利润不容忽视。再次,充分利用世界期货交易所的游戏规则,期货现货同时操作,获取利润,谋求发展。     

2005年云南金属材料与加工年评

评述了云南省2005年黑色金属、有色金属、稀贵金属和陶瓷材料等的研究状况，分析了潜在优势并展望了未来前景。     

中国有色金属分类与外贸进出口

为了规范有色金属外贸进出口统计，特别是对稀有金属统计，介绍了中国有色金属分类。同时还指出了加入WTO后我国有色金属外贸进出口额迅速增长，外贸逆差额不断扩大，有助于促进我国外贸进出口平衡发展。     

四川有色金属工业"十五"发展成就回眸

文章介绍了四川有色金属工业的整体概况,通过对2000年至2005年全省有色行业生产经营及发展情况的总结及横向纵向比较分析,将四川有色行业十五发展成就归纳概括为：“生产总量翻番,行业地位上攀,新建企业突起,特色优势显现。技术进步加速,发展后劲十足。”同时还指出了四川有色金属工业存在的问题和不足。     

Changes in Worldwide Demand for Metals

Worldwide demand for some of the more important metals was analyzed to identify the most significant factors that explain differences in the level of demand between countries and between groups of countries. The per capita demand for steel, aluminum, copper, and total nonferrous metals was examined for more than 40 countries over a 22-year period.

World metal consumption per capita has risen over this period but the intensity of use, defined as tonnage of metal consumed divided by Gross Domestic Product (GDP), has declined. Consumption per capita has risen almost everywhere but the intensity of use has risen only in the developing countries and in Japan (nonferrous only).

The trend in world consumption of metals for the last decade is significantly different from the trend in the preceeding decade. This difference can be explained by a large drop in the rate of growth in GDP per capita worldwide during the last decade and a steep upward trend in real metal prices that occurred in the post-1973 period.     

五年来我国有色金属工业结构调整状况及对策建议

本文总结了近5年来我国有色金属工业结构调整和产业升级的基本情况,即中国有色金属工业集约化程度、技装备水平提高,生产成本下降,行业整体实力增强。而这些成绩的取得都有赖于国家积极的财政政策及“债转股”政策的推动,有赖于深化企业改革及发挥市场资源配置的作用等等。同时,针对对当前及今后有色金属工业结构调整和产业结构升级所面临的问题,提出了有关对策建议     

把中国建设成世界有色金属制造业基地的对策研究

本文首先介绍了我国有色金属工业的现状以及当前世界有色金属工业发展的新格局,并分析了中国成为世界有色金属制造业基地的支撑条件,最后提出了关于建设具有特色的中国有色金属制造业基地的几点看法。     

Changing Nonferrous Metals Markets

Fundamental changes in the market place and in production processes in the past ten years have affected metal demand and will continue to do so. Aluminum, copper, lead and zinc industries, the major components of the nonferrous metals sector, have experienced declines in the United States in the past decade. Substantial declines have occurred in consumption, intensity of use, production, employment and profitability. The United States is on the edge of a materials revolution. New technologies have brought innovative products and materials to the market which are in competition with ferrous and nonferrous metals. These new materials include fiber optics, ceramics, composite materials, and engineered plastics. The key lo survival for the metals industry is to maintain existing markets under the threat of continued product substitution, while developing new markets to expand metal consumption.     

俄罗斯有色金属矿产介绍

俄罗斯拥有丰富的有色金属矿产资源,是重要的有色金属生产、贸易国之一,随着俄罗斯经济状况的逐渐好转,有色金属矿产资源的生产开发正处于恢复与重建时期。本文综合有关资料,简要介绍了1999年俄罗斯铝,镍,铜,锌,铅,黄金,白银,铂族金属,锡,钨,钼,钛,镁等有色金属矿产资源的储备、开采、加工、贸易及投资情况。     

1998年云南金属材料与加工年评

根据１９９８年所发表的论文，从黑色金属材料、有色金属材料、稀贵金属材料和陶瓷材料等方面对云南省金属材料研究情况进行评述，反映了各类新材料的最新研究与发展趋势