Along with the expense busy season arrival, the Lme stock company innovates lowly, the fund started new turn of Propaganda, again innovates Gao Zhi is the time question. But is worth taking behind, rises in prices the basic surface actually to have the quietly change. First, raw material

(1) The high price position zinc price has initiated the mine investment enthusiasm, starts from 03 years zinc price, zinc mine development dynamics is unprecedented, output large scale enhancement. Each place ore dressing plant, the original materials storehouse, the shipping out station pile up.

(2) High price position zinc price reduced the resources waste, picks richly abandons the poor situation no longer to occur, instead has very many debris to separate by gravity, the abandonment mine is mined again. What is worth mentioning, along with the technical progress, lead factory Shui Zha, a steel mill copper works smoke zinc, the oxidized ore as well as the electrolysis acid pickling dregs is widely produced the inferior zinc oxide, is been again direct by the zinc factory or the indirect production zinc spindle, as a result of price superiority, for zinc raw material enormous supplement.

The overseas zinc raw material greatly for alleviates, displays for the import adds the labor cost by 0 to become about 130, massive overseas middle zinc material, inferior goods sequence order oxidized ore, carbonic acid zinc ore as well as African undressed ore because overseas reason and so on technology, environmental protection not good uses, are many is transported to China. Although the zinc smelting expansion is very quick, but the zinc raw material supplies besides artificial store up the factor, a worrying zinc raw material intense situation occurs by no means, instead also greatly for alleviated compared with the past. Second, zinc expense far imagination good.

(1) High price position zinc price has initiated the downriver fund chain question.

Zinc price rising, causes the downriver purchase cost large rise, very many enterprises buy the material without the fund to look the zinc to be popular sigh, begin the insufficiency.

(2) High price position zinc price causes the downriver enterprise to sales&Decides to produce, does not dare massively to purchase, the raw material end product does not keep the stock.

(3) Downriver product rise in price cannot follow the zinc price increase scope, is unable the profit.

(4) Aluminum substitution function starts to appear.

If the zinc price is higher than the aluminum price for a long time, will cause the galvanized sheet profession the zinc consumption quantity greatly to give the discount, at present many factories started by an aluminum generation of zinc, moreover popularization degree far compared to imagination quick. As a result of the Chinese zinc smelting output unceasing promotion, China becomes the net import country by the net import country, adds the exchange rate and the tax reimbursement adjustment change, only depends on the domestic expense, the zinc price long-term trend can't Optimistic.

Third, the top digit zinc price causes the refinery risk greatly to increase. Gao Xinjia biggest Profiter is Ore Master, the zinc raw material idea price and the copper is different, is not according to calculates the price, but is the mine adds the labor cost form with the refinery fixed price, the rise profit is all gathered by Ore Master. The smelting enterprise by soaring picks the purchase price gain raw material, as a result of the zinc ore concentrate (13%) with the zinc spindle (17%) the tax difference reason, financial cost excessively many disbursements, the unit profit margin did not increase compared to the past instead falls. Gao Xinjia causes the middle business and the downriver enterprise only retains the least stocks, because domestic does not have the zinc spindle to guarantee the value function, the price once glides down, the high price position zinc spindle and the zinc raw material all entirely will pound in the refinery hand, because the zinc ore often with will rise with does not fall, but the refinery fund chain are many by the present maintenance of price production stock raw material in half month, in will buy commodities with rising prices rather those whose with falling prices under the expense psychology, for the maintenance production will only be able by the low price sale zinc spindle, like this to appear the smelting enterprise underproduction, the production suspension, even will go bankrupt will be in no way says things just to frighten people, the smelting profession will mix the cards avoids with difficulty.