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Probe Into The Determinants Of Price Fluctuation In Iron Ore Spot Market Of China

Posted on:2011-03-10Degree:MasterType:Thesis
Country:ChinaCandidate:Z J LinFull Text:PDF
GTID:2189360305962527Subject:Population, resource and environmental economics
Abstract/Summary:PDF Full Text Request
In recent years, the price fluctuation in iron ore spot market of China becomes more and more obvious, meanwhile, the traditional pricing mechanism of international iron ore market, which used to be one-year price of a long association is being changed. So the importance of iron ore spot market is becoming increasingly important. This paper comprehensive analysis the market status of iron ore market of China, then, determined the most important influence factors of iron ore's price, such as shipping price, port stocks of iron ore and price of steel. After that, is the analysis of affect of such factors. At the last, base on the empirical analysis, this paper get the conclusion of that the price fluctuation in iron ore spot market of China is not only impacted by the cost of upstream industry, but also by the speculative factors. Therefore, this paper put forward three views of how to stable the iron ore's price, such as strengthening the control of upstream industry include Shipping industry, speeding up the institutional construction of the iron ore industry and integration ore steel industrial.
Keywords/Search Tags:Spot Market of Iron Ore, Price, Empirical Analysis
PDF Full Text Request
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