The Research Of Effect Factor On Chromite Pricing And Revelvation Of Chromite Purchase Stratigy For The Enterprice In China

In order to research Chrome industry, the important raw material for stainless and aero industry, analyzing the price of Chrome ore is good for the Chinese enterprise to set better strategy on purchasing Chrome ore. The source of Chrome ore is concentrated by a few big companies in South Africa, India, Kazakhstan and so on. And the downstream industry, stainless steel and Chrome metal, is in the similar situation. The game between these enterprises makes the price of Chrome ore go up slowly and stably in the long term.This thesis will research inadequacy on the strategy of Chrome ore purchasing for the Chinese strategy by analyzing the Chrome industry, and also discuss the effect factor on the price of Chrome ore by the pricing theory. Then provide some advice based on purchasing strategy from the analysis above, and analyze the effect factor on the price of Chrome ore by the demand model:first, the currency is the biggest factor, the second is stainless output, the last one is the price index of the countries for Chrome ore output. For the Chinese enterprises, besides the appropriate short term strategy against the index changing, right storage and long term strategic cooperation with foreign Chrome ore owners are necessary, because of the risk from the fluctuating price, especially when the ore resource supply is becoming tighter and tighter.