Study On The International Price Mechanism Of Natural Rubber

Natural Rubber, Petroleum, Steel&Iron, Coal are known as the four big raw materials of industry. Natural Rubber is a scarce resource, a security strategic resource of state economy, So Natural rubber influences national economy deeply. With economy development of our country, the demand for Natural Rubber increases rapidly, while the production of domestic cannot meet the demand. In recent years, the import of natural rubber increase a lot, the net import of natural rubber surpassed Japan in 2001, became the second biggest country of net import. Then our country has become the first country in the world for importing natural rubber since 2002. Since natural rubber belongs to the industry material, its international price will influence all the various trades and occupations. So the author make a thorough research on natural rubber international price mechanism, put off the countermeasures on natural rubber international price risk, will have a practical significance on guaranteeing the fast&stable development of national economy .This paper mainly based on Marshall's supply&demand theory to study natural rubber international price mechanism, the whole papers divides into three parts, 5 chapters. The first part is introduction, mainly introduced the background of research, literature review, methodology, innovation and weakness; Second part includes chapter two to chapter four, this part mainly studies the generality and particularity of natural rubber international price mechanism on supply&demand theory. The third part put off the countermeasures on generality and particularity of natural rubber international price mechanism. Each chapter's content are follows:Chapter two analyzes international supply and demand of natural rubber from long-term and short-term based on the Marshall's price theory, indicates that in the short-term, demand curve and supply curve have rigidity, that is to say, price elasticity is very quite low, then the change of supply and demand is easy to cause price rising and falling, while in long-term, things has changed. Simultaneously, chapter two also analyzes the factor which influence natural rubber's price, such as international production and consummation, international economy environment, international politics, synthetic rubber, petroleum, stock, futures, natural factor. Supply&demand decides long-term price of natural rubber, each non-Supply&demand factor plays important role on international price, so we should analyzes all kinds of factors, and then can make a correct judgment to international price of natural rubber.