Monday, January 3, 2011

Guard against high dependence on external trade commodities.

<P> Iron ore negotiations, the dramatic conflict affecting the people, once again exposed our foreign trade, the negotiations stretched commodities. .In fact, not just iron ore, such as crude oil, grain, coal and other resource materials are also high above the external dependence. .Public letter to Minister Li said recently that China's foreign trade dependence by 60%. .External dependence is a widely used measure of national economy of a country dependent on foreign targets, total imports and exports of a country is divided by the country's GDP. .</ P> <P> iron ore: steadily increased to 62% </ P> <P> led by China and the three major iron ore miners face to face with the seller is fierce game. .You come to me in this annual drama in China as the world's largest buyer of iron ore has been impregnable position. .China Steel Association data show that in 2009 China imported iron ore more than 620 million tons, an increase of more than 180 million tons in 2008, became a global mining giant, a veritable "cash machine." .</ P> <P> While "Crazy iron ore" has led to steel mills overwhelmed, but our dependence on foreign iron ore is still steadily increased. .Not long ago, the Ministry appointed chief engineer Zhu said at a news conference, dependence on foreign iron ore has grown from 44% in 2002 to 69%. .</ P> <P> there is another algorithm. .CISA vice chairman Luo recently clarified that demand for iron ore in China, only 62% of the imports to meet need, rather than the 69% mentioned before. .Luo explained that in 2009, imports increased by 41.5%. .However, there are 85 million tons in 2009 demand for imports is over, so the calculation of this part should be deducted dependence. .</ P> <P> With imports steadily increased, along with ore price also soared, until the 2008 financial crisis was temporarily down, three mining giants dominated the Qicheng more resources, relying on monopoly bully China .. .According to former Deputy Minister of Metallurgical Industry, China Iron and Steel Industry Association, said Wu Xichun honorary president, and now three major mining companies supply only half of China's iron ore supply by long association, and the remaining spot prices are higher, but in Japan, .South Korea has only a long association prices. .</ P> <P> Crude oil: 50% over the warning line </ P> <P> National Energy Bureau of the latest data show that China's dependence on foreign oil has now reached 51.3%, for the first time more than 50% of public calls .cordon, and in 1993 became a net oil importer in China for the first time when the figure was 6%, our dependence on foreign oil in 16 years, turning several times. .</ P> <P> is worth noting that last year China's crude oil imports are soaring all the way, hovering high, at 1600 tons per month, the volatility of international oil prices directly affect the domestic market. .</ P> <P> affected, after "National Mineral Resource Planning (2008 ~ 2015)," forecast "2020 China's dependence on foreign oil will reach 60%", was last year's "Energy Blue Book" was revised to .: "In 2019 China's crude oil import dependency will reach 64.5%." </ P> <P> In addition to oil, China's coal import and export situation also changed dramatically in 2009, the first time became a major exporter of coal .net importer of coal. .</ P> <P> soybean: overall control of the four major grain merchants </ P> <P> data from the Ministry of Agriculture show that China's external dependence on soybean up to 70%, soybean has become the need to "Man face" of the .agricultural products, while the Ministry of Agriculture is not the responsible person without concern that the economic and trade globalization on the impact of the development of agriculture and food growing. .Present, except for rice, the international cotton and oil product prices are lower than the domestic, have been eroded in addition to soybeans, rapeseed and edible vegetable oil imports have continued to increase. .</ P> <P> industry pointed out that China's soybean market has been fully exposed to "ABCD" control of the four major grain merchants. .It is understood that the 2004 crisis led to the domestic soybean crushers collapsing wave, and four low-cost international grain dealers took the opportunity to purchase shares of China's soybean crushing business. .The four companies - ADM, Bunge (Bunge), Cargill (Cargill) and Louis Dreyfus (LouisDreyfus) were the first letter "A, B, C, D", is referred to as the "ABCD". .</ P> <P> "China's 97 major oil companies, 64 had been occupied by the four major international grain dealers holding shares, 66% of the total share capital." Renmin University of China Deputy Director, Institute of Agriculture, said Professor Zheng Fengtian, .The four grain merchants from raw materials production, to processing up to the retail trade, almost "the whole industry chain," the control, firmly grasp the pricing, which is also the industry has been most worried about. .</ P>.

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