Study On Foreign Trade Countermeasures Of YN Copper Company Base On Copper Price Decline

In recent years,with the world economic slowdown,the global demand for copper oversupply and international copper prices continue to fall.It has a certain impact on domestic and foreign copper enterprises and related industries,but also seriously affect a large number of copper companies with the copper resources and restrict the development of domestic enterprises' foreign trade.Copper trading is a bulk commodity trade.The decline in copper prices will bring great risks to the operation of copper processing enterprises.In such a market environment,enterprises should take precautions and positively take a series of measures to reduce the risk of foreign trade when the copper price falls,so as to enable enterprises to obtain stable benefits and achieve the goal of maximizing the interests.The continued decline in copper prices makes copper industrial enterprises take a lot of business risks,but also face enormous pressure and challenges.This paper selects the YN copper company as a case,through in-depth analysis the production status of the world and China copper industry and influence and situation of foreign trade in the environment of declined copper prices to explore the main factors influencing the price.Analysis of the internal status and problems of YN copper company combining with the external market environment.Discusses the advantages and disadvantages of background of the company system,the taste of mineral resources,the influence of geographical location on the freight transportation cost and the present business situation.Put forward relevant foreign trade countermeasures.Under the premise of the decline in copper prices,this paper puts forward that we should make full use of the company's institutional background and resource'advantages to enhance management capacity and perfect the deficiencies in the business.Enhance the competitive advantage by reducing the cost of foreign trade.Use futures markets for diversified hedging to maximize corporate profits.Set up copper mines through the overseas to increase raw material supply and bargaining power.Implement joint procurement and reduce the cost of imported raw materials combining with ZT strategy.Through the above five aspects of this study,I hope that it can enhance the foreign trade competitiveness of the YN copper company in the world stage.And try to act this as foreign trade excellent countermeasures,which China's copper industry enterprises are exploring in the environment of the declining of copper prices.