According to the analysis by relevant experts, mineral resources and mineral supply and demand will present six trends in 2012.
First, the coal supply and demand appears basic equalization, slightly loose and structural redundancy coexists with regional strain. The coal production will continue to grow, coal imports will remain high, and the coal supply capacity will further increase.
Second, the rigidity of the steel product demands grow, supply and demand contradiction of iron ore resources still exist. Influenced by the slow recovery of world economy and China's slowing economic growth, steel production growth will be further drop out.
Third, non-ferrous metal product prices will remain as high as that of last year in general. Looking from the current situation, institutions still keep great interests in the copper, so the copper price will remain high and volatile, while aluminum, lead and zinc prices will continue to fluctuate near the cost line, and the oscillation amplitude is smaller relative to copper price fluctuations. It is expected that tungsten market prices will continue to maintain a higher situation.
Fourth, oil production is stable and import dependency will continue to rise.
Five, phosphate prices will raise steadily, pyrite price decline and potash are mainly dependent on imports.
Six, cost pressures in building materials and non-metallic industry increase, non-metallic mineral products export demand faces downward pressure, and the potential risks are also increasing. In recent years, benefitting from good development situation in mining industry, as well as part of minerals such as graphite, fluorite are favored by investor, their production capacity continues to expand.
China’s non-metallic minerals industry will face adverse effects of increasing capacity and lower market demand at home and aboard in 2012, so it is necessary for industries to actively promote product and industrial structure adjustment during preventing and resolving risks, to maintain stable economic development of the non-metallic minerals industry.
Hongxing machine, which specialize in manufacturing jaw crusher and ball mill will do its best to keep a healthy developing environment.
