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Stage investment opportunities started to become apparent 2008-10-15
Enter the 2008 non-ferrous metal prices continued since the shock brass ball valve pattern of ups and downs, mainly because of the global supply and demand within the scope of metal is still in a delicate balance, with the seesaw-like, some expected and unexpected chance and non-coincidence, and the strengthening of the China factor and the possibility of recession in the United States have increased, and so on like the two ends of the seesaw placed weights, the speculation in the futures under enlarge its fluctuations, resulting in soaring metal plummeted. Recession in the United States and China expected the austerity policies on the metal do not have much impact on consumption, but in the 2008 debt crisis dimensionless Europe and the United States financial institutions liquidity shortages and the world's excess liquidity will be always intertwined, non-ferrous metals volatile commodity prices will be even more fierce. Value Investment: genuine gold before the people Fluctuations in the current high prices of non-ferrous metals, increased risk, more investment should follow the views of the value of the whole metal industry in the various varieties of the future should be on metal prices, the difference between high and low risk approach, a single metal in a variety of different of different industrial chain location of the differential treatment of enterprises should also be looking for a high growth potential, brass ball valve outstanding performance, and can effectively avoid risks as a business investment destination. Tumultuous years: squandering gradually to charming eyes Metal prices starting with the big drop - In 2008 non-ferrous metals our investment strategy in the report, in the delicate balance of supply and demand in the non-ferrous metals will remain high shocks pattern, and the "China factor" will break the balance. Enter the 2008 renewal of the non-ferrous metals price shocks of the ups and downs of the pattern. Since the beginning of 1999 to now just less than three months time, the amplitude of metal prices are more than 25 percent. Aluminum, copper, nickel, lead, tin, zinc prices amplitude were 33.3%, 28.6%, 25.1%, 35.8%, 28.1%, 25.1%. The high price shocks further confirmed the situation of supply and demand in balance, and most of them on metal demand is still strong support of the China factor. At present, the global supply and demand within the scope of metal is still in a delicate balance, with the seesaw-like, some expected and unexpected, accidental and non-accidental, the China factor and the strengthening of the United States, such as increasing the possibility of recession and so like the two brass ball valve ends of the seesaw placed weights, the speculation in the futures under enlarge its fluctuations, resulting in soaring metal plummeted. Supply: accidental and non-accidental shaking Since 2008, the global metal supply situation is the emergence of some large fluctuations in metal prices led to one of the reasons why, including accidental factors, but also non-accidental factors. In late January 2008, China has experienced 50 of the Blizzard case of a disaster, in the south part of the electricity and transport disruption, which some important mines and smelter shutdown or reduction, a direct result of the reduced supply of non-ferrous metals; Chile drought caused power shortage resulted copper mining disrupted supply tense power shortage in South Africa, resulting in limited local electrolytic aluminum production capacity. These factors caused the accident on the non-ferrous metals market has further strained supply worries, pushing higher metal prices. According to statistics by the impact of the snowstorm, electrolytic aluminum, lead, zinc and copper production were affected 115,18,47,15 million tons, thus affecting 08 domestic electrolytic aluminum, zinc, copper output reduction 28.2,2,0.8, 19,000 tons, respectively, representing 07 national production of 2.34%, 0.52%, 0.28%, 0.55%. And the corresponding global 2007 17.76 million tons of refined copper production, 38.02 million tons of electrolytic aluminum production, 8.15 million tons refined lead output, 11.39 million tons refined zinc production, this loss is minimal, but it has become promoting metal prices one of the factors, and the fundamental reason lies with the brass ball valve delicate balance of global supply.
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