In 2009 Iron ore talks Soon to open, when a sudden unilateral demands Brazilian Vale price increase for Chinese steel mills surprised, emotionally difficult to accept. In fact, Vale intention was clear: if successful, would raise prices next year should be shipping in Europe for compensation; price increases is not successful, next year's rematch, also taking the offensive to prevent a long association mining prices. China steel Only by working together, take full advantage of the decline in global demand for economic adjustment and the international and domestic steel prices dropped across the strategic opportunities, and to CVRD mining giants led by three showdown, seeking to maximize benefits. Although Brazil's CVRD on
Iron ore Unilateral price increases because there is no explanation, but the reasons can be put out on two points: First, the results of negotiations with the Chinese Australian ore over Brazilian ore rose up, the price increase is compensatory growth; Second, the high price of Brazilian ore in Europe price 11 U.S. dollars in Asia, according to the principle of homogeneity with the price should prices.
The above two reasons, we carefully analyze it, the taste is not the same.
First of all, why mine in China and Australia reached an agreement higher than the Brazilian ore price increases, when the Brazilian Vale did not explicitly express their disagreement?
Accordance with established practice, should accept the CVRD, Rio Tinto and Asian steel price increases reached . Brazil always has a starting Vale pricing power because the sea freight. In accordance with this crazy sea freight to calculate the time, Brazil to China higher than the 58 dollars to China, Australia / ton, while the Australian mining ore FOB prices higher than in Brazil 10 dollars / ton. In this case, the two sides to shore spreads to 48 U.S. dollars / ton. Clearly, the Chinese steel mills, the quality of even the best Brazilian ore there is no reason so much higher than the Australian ore, Vale naturally into silence.
Now the situation has changed. Global economic slowdown, Brazil, China sea freight from 108 U.S. dollars / ton storm dropped 48 dollars / ton, while sea freight Australia to China from 50 U.S. dollars / ton down to 18 U.S. dollars / ton. This re-cif, then with the Australian ore mine in Brazil to reduce the difference to 25 dollars / ton. At this time, CVRD is not the same feeling as the world's largest iron ore producer, original pricing advantage has become a First negotiated a flaw. Conversely, since the Australian side can not abide by this rule, Brazil can not abide by the rules?? Unilateral demands compensatory growth.
However, CVRD has not nerve to give such a reason, threw out a European price and the price with the price of the Asian price increases, so doing that is about 12%. Currently, Brazil is mine high prices in Europe were lower than in Asia about 11 U.S. dollars. Therefore, if requirements are met Vale price hike, then iron ore negotiations next year, it can justly be shipping to Europe, compensation for the steel mill. Because the distance from Brazil to Asia than to Europe from far more. Even if you fail, Brazil, Vale do not suffer losses, media publicity achieved. 2009 negotiations, the subject can get to the negotiating table again.
, Of course, Brazil's Vale iron ore price increase unilaterally, it is in the hands of nature and some chips. High quality Brazilian ore can help Chinese steel mills to improve efficiency indicators; Brazilian ore to China, price higher than the spot price of a long association of nearly 400 yuan / ton. Therefore, Vale This increase is very strong stance. On the one hand wish to delay shipments to China, while Chinese steel mills threaten to reduce the supply quality.
And steel mills in China this year in June compared to a very unfavorable situation, at present, the balance of clear preference for the Chinese negotiations.
First global economic slowdown, almost all commodities have seen substantial price cuts, only the price of iron ore, "monolithic", this makes no sense to speak of. Currently, the spot iron ore mine has fell, the Indian spot ore mine in Brazil has close to CIF. This long association mining the formation of shocks to price stability. International steel prices began to fall, the global decline in demand for iron ore is no longer suspense.
Second, the Chinese steel sharp dive, steel loss increase. I am a professional writer from China Crafts Suppliers, which contains a great deal of information about cross pocket bike , dirt bike 110cc, welcome to visit!
Related Articles -
cross pocket bike, dirt bike 110cc,
|
