International economic situation. The correlation between the commodity market and the economic situation is obvious, especially as the world economy is becoming increasingly globalized, and the commodity market and the economy are more related. Therefore, the price of beryllium copper is closely related to the economic situation.
The consumption of beryllium copper is mainly concentrated in developed industrial countries. The economic conditions of these countries such as the United States, Japan, Western Europe and other countries have a greater impact on the price of beryllium copper. Generally speaking, the economic situation is good, the demand for beryllium copper increases, and the price rises, and vice versa decline.
The production status of the producing country. Chile is rich in beryllium copper resources and the world’s beryllium copper exporter. Zambia and Zaire in central Africa are also important beryllium copper producing countries. Almost all of the beryllium copper produced by them is used for export. Their production status is important to the international beryllium copper market. great influence. The governance situation in these three countries has always been unstable, and labor disputes have often occurred, which also has a direct impact on the price of beryllium copper.
Seasonal influence. The seasonal fluctuations in the price of beryllium copper are more obvious, with a trough in January and a high price in August. The influence of industry policy.
Since copper beryllium is mainly used in electrical, electronic, construction, machinery and transportation industries, the country’s industrial policies for these industries have a more important impact on the price of beryllium copper.
The price of the substitute. In the telecommunications industry, beryllium copper has always been an important raw material. However, due to the promotion and application of optical fiber technology, the position of beryllium copper has been challenged. At the same time, aluminum and other metal materials have the same properties as beryllium copper and are also used in most areas of use. Instead of beryllium copper.
The impact of inventory. Inventory is one of the important factors affecting the price of beryllium copper. Under different market conditions, companies will take different measures to increase or decrease inventory. In order to ensure the production of raw materials or speed up the flow of funds, throughput reserves will also be used at different periods to stabilize the beryllium copper market.
The influence of other policies and regulations. Since the beryllium copper machining market is an international market with a large volume of international trade, it is necessary to increase the import and export policies,
Changes in factors such as the exchange rate system and the intensity of combating smuggling will also have an impact on the price of beryllium copper.
Link to this article：Factors affecting the price of beryllium copper
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