Analysis of influence of factors of the mineral raw materials market on the productivity of quarries
About authors
- 1 — G.V. Plekhanov Saint Petersburg Mining Institute
- 2 — G.V. Plekhanov Saint Petersburg Mining Institute
- 3 — G.V. Plekhanov Saint Petersburg Mining Institute
Abstract
This paper first of all examines the notion of an equilibrium price for a mineral cоmmodity market. It draws the conclusion that microeconomic theory alone cannot define such a price. It then recapitulates on the reasons for price fluctuations and shows that one can at least identify a floor price and a ceiling price when it proves impossible to identify an equilibrium price. To conclude, it proposes a method for price forecasting, based on a prior analysis of the relevant industrial structure involved.
Область исследования:
(Archived) Geotechnology
Similar articles
Designing the technology of development of deep-lying ore deposits
2007 E. I. Boguslavskiy, Yu. L. Minaev, D. Yu. Minaev
Calculation of the loads on the arch support of the KMP-A3 excavations in the ore massif of the Yakovlevskoye iron ore deposit
2007 Yu. N. Ogorodnikov, V. I. Ochkurov, A. B. Maksimov
Numerical modeling of the stress-strain state of the overpass tunnel lining in the zone of their mutual influence
2007 P. A. Demenkov