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International Prices Of Natural Rubber Formation Mechanism Of Economic Analysis

Posted on:2011-07-09Degree:MasterType:Thesis
Country:ChinaCandidate:Y Z JinFull Text:PDF
GTID:2199360308971660Subject:World economy
Abstract/Summary:PDF Full Text Request
Natural Rubber is a security strategic resource of state economy which with Petroleum,Steel &Iron,Coal are known as the four big raw materials of industry. With the fast development of our country's economy, the demand for natural rubber increasese rapidly, while the production of domestic can not be meet. In recent years, the import of natural rubber increasese a lot, the net import of natural rubber surpassed Japan in 2001, China became the second biggest country in the world for net import. Then our country became the first country in the world for importing natural rubber since 2002 that we surpassed America.The dependence of importing is over2/3, the ability to meet the demand is lower than 30%. At the same time, the price of natural rubber has risen .As the largest importing country, we don't have the ability to influence the price of natural rubber. 70% of the importing quality is used in production of automobile industry, the risen price lower the profits of our car's production and competivity. Besides, at present automobile industry is our basement of our country's economy, the price of rubber will influence the stability of the development of our country's economy. So the author make a thorough research on natural rubber international price mechanism, put off the countermeasures on enlarging our country's pricing influence. So we can guaranteen the fast and stable development of national economy.This paper mainly based on Price theory to study natural rubber international price mechanism, the situation of international natural rubber seems some kind of complicit, so the theory can't explain totally, but all in all the price is influcenced by many factors, the supply and demand play the most important parts. Futures is the base of the morden pricing mechanism , and indicate that the function of SHFE in international futures price has surpassed TOCOM with econometrics method. The innovation of this paper is that the author indicates the analysis of instability of IRCO and the pricing right of China on international natural rubber. At last, we put off the countermeasures on enlarging our power to influncence the international natural rubber price.
Keywords/Search Tags:natural rubber, international price, IRCO, pricing right
PDF Full Text Request
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