Research On Pricing Right Of Rare Metal Products In China

As one of the important strategic materials, rare metal plays an important role in the national economy, especially for the advanced science and technology, military industry development, is self-evident for the western world, emerging economies, even for the whole world. The conclusion could be made out of question that the controlling of rare metal (or rare metal resources) is nearly equal to the mastery of economic direction around the world in the future. With the rapid development of economy, pricing game has entered the era of global market competition. Imperfect competition and oligopoly market situation presented by the precious metals industry is the premise of current pricing problem. The pricing game of rare metal is a competition of comprehensive strength and power to set the rules of the game, and in essence, a strategy game among the world’s major economies. With the economic globalization, rare metal product pricing power controlled or loss, threatened China’s rare metal product price security and industrial security. No matter as rare metal industrial chain upstream primary raw material suppliers, producers in the middle reaches of the industrial chain, or as the consumer of industrial chain terminal in China pur country do not have pricing power. For example, China, as the largest producer of rare earths, or as the largest iron ore importer of raw materials, but can only be the recipient in the international trading price. This shows that the rare metal products contains low value-added links, most of the industry interests have been deprived of by the international monopoly, and lost international pricing power.Although the Pan Asia Nonferrous Metal Exchange performs well since it has established, and has the ability to solve existing problems of rare metal industry, it still be in infancy and in exploring stage. Whether its information spillover effect has been formed strongly? Pricing has been formed perfectly? Whether its weakly pricing power has been changed fundamentally in rare metal products? As the Pan Asia Nonferrous Metal Exchange only been established for a not too long time, a systematic, detailed and comprehensive research becomes extremely important and urgently by using market real trading data,as also as the great theoretical and realistic significance.The article based on theory of market supply and demand, market power, and strategic trade policy theory, using empirical analysis method to analyze the pricing power and influence mechanism of rare metal products in our country, and puts forward countermeasures and Suggestions from the national strategic reserves, supply and demand mechanism, market main body, the market systemand warning mechanism. The main conclusions are as follows:Firstly, the essential of the rare metal pricing power is the result of the game world interest subjects.Secondly, The empirical results show that China rare metal market has had the pricing power, but compared with the international rare metal market at a disadvantage position.Thirdly, Pan-asia non-ferrous metal exchange was useful for the healthy development of rare metal industry, and made a positive contribution, but did not solve the weakly pricing power fundamentally, mainly because the market has had been a distorted and held market.