Thursday, September 26, 2013

Iron ore futures delivery

The relevant person in charge of dalian, said in an interview with reporters that the dalian futures delivery goods first determine for powder ore and iron ore concentrate,sch160 thick wall water pipe welded steel pipe such delivery design not only conforms to our country main import trade characteristics of coarse powder, also consider the economic interests of domestic ore and ore supply balance problems inside and outside, to ensure smooth running after iron ore futures market.

In iron ore futures design, type selection is the basis of delivery of product quality standards, dalian futures delivery goods first determine for powder ore and iron ore concentrate.The relevant person in charge of dalian, said deliveries will breed for iron ore powder ore and concentrate, it mainly consider the following aspects: first,90 degree pipe fitting long radius elbow powder ore and ore concentrate is the mainstream variety in the production, consumption and trade of our country. 2012, the production of 440 million tons of iron ore production in the mine is 420 million tons of fine powder, and accounted for as high as 95%, imports of 740 million tons of iron ore in the coarse powder capacity is 560 million tons, accounting for China's iron ore powder ore and concentrate supply 83% of the total.

Second, the powder ore is one of the largest varieties in our country enterprise risk exposure. Meal occupy the mainstream in the imported iron ore, and the price of imported iron ore,large diameter ASTM end cap for water pipe inventory risk is embodied in two aspects, one is long distance ocean, China's major iron ore imports to China's shipping time is half a month, long 40 days; Second, large inventory, the average iron ore port stocks has increased from 44.6 million tons in 2007 to 2012 tonnes in 94 million, according to the low price volatility is calculated in 2011, a month in China port iron ore inventories devaluation risk in more than one hundred million yuan.

Third, the price of the powder ore good representative. The global iron ore pricing system,sch 40 Spiral Butt-welding Steel Pipes the index mechanism are collected and published in north China port cif import powder ore prices; The international market for iron ore powder ore related derivatives are also used as the benchmark for product design.

Monday, September 23, 2013

The real estate financing policy may relax

With the establishing the mechanism of real estate regulation, real estate financing policy is likely to relax. Among them, the authorities have real estate investment trusts (REITs) related policy options to submit to the competent department in charge of,8 inch Steel Pipe sch140 release is expected. Introduced the mechanism of the policy may be accompanied by the real estate regulation and control.

The personage inside course of study says, from the current real estate financing policy implementation is not hard to see again, marketization, diversification and standardization,ASME B16.25 Welding on the pipe end cap promote the real estate industry financing will be the policy direction. Relevant departments are brewing, the mechanism of real estate regulation may be improved.

Reit is a kind of collection in the form of income issued vouchers specific the majority of investors' money, real estate investment, conducted by specialized investment management,90 degree pipe fitting long radius elbow investment proportional distribution of comprehensive income to investors trust fund. As an important means of financing of real estate securitization, REITs favored by many in the industry. Tianjin, Shanghai and other places in 2009 started to prepare related pilot, but so far, the related situation of REITs pilot, departments have not been made clear.

At present, the long-term effective mechanism of real estate regulation and control is in the making. The personage inside course of study thinks,10 XS ERW carbon steel pipe china manufacturer the real estate financing policy is likely to strengthen market direction, relax administrative controls and restrictions.Before the national federation of industry and real estate chamber of commerce nie meisheng said recently that the current policy is in the run-up, mainly reflects the integral train of thought of government and market division of labor will gradually form. Among them, in the brewing process, the mechanism of real estate regulation related to the policy of direct financing will be clear. Analysts believe that the real estate direct financing policy may win more support.

Insiders expect, suspended in the process of material assets reorganization of enterprise, and may become the real estate policy of direct financing to restart the first batch of "eat crabs".

Saturday, September 21, 2013

August foreign trade continues to positive thanks to state a series of policies and measures

On the business operation in China in August. Commerce ministry spokesman Shen Danyang said at the meeting,sch160 thick wall water pipe welded steel pipe in August, our country foreign trade import and export growth continued to improve, first of all, thanks to a stable foreign trade growth, structural adjustment and a series of policies and measures to vigorously promote.

Shen Danyang said, this series of vigorously promote, make our country foreign trade import and export growth continued to improve in August. Exports rose 7.2% year-on-year in August,Longitudinal Welded pipe and tube July export growth faster than 2.1%; Imports rose 7% from a year in August, although less than 10.9% growth in July, but still in good growth momentum. , "he said on July 26, general office of the state council issued" on the import and export of steady growth, adjust the structure of the several opinions,ASME Spiral Submerged Arc Welding pipe since then, the relevant departments and local research on specific measures actively, effort to carry out. For example, the ministry of commerce to cancel the 130 code of goods automatic import licensing administration, which are helpful to expand this way. General administration of quality supervision, inspection and quarantine from August 15 to 1507 general industrial manufactured goods customs commodity code is no longer with export commodity inspection, it is the enterprise has been calling for a good measures. The ministry of finance and quality supervision,200mm diameter mild steel pipe inspection and quarantine to perform five months after 2013 export method inspection fee from policy, etc."

"There is another factor is also promoting our country foreign trade import and export growth continued to good reason", said Shen Danyang, domestic economy stabilises buoyant domestic demand picks up, improvements in the international market, improve trade environment. China's manufacturing purchasing managers' index was 51% in August, it was the highest in a year. Import index 50.0%, rose by 50.0%. August crude oil, iron ore, steel imports increased 15.4%, 15.4% and 15.4% respectively. Due to the international market, especially the developed economies market demand increased, also led to China's foreign trade export growth continues to pick up.

Shen Danyang also said that in terms of the year the foreign trade situation, the current slow growth of the world economy has not been fundamental changes, especially the recent financial market turmoil on emerging economies, difficulties and pressures faced by China import and export are still not small. "However, we still believe that economic recovery gathers momentum as developed economies, with the acceleration of China's foreign trade transformation and upgrading, as we promote policy gradually, a few months after the national import and export is expected to stabilising picks up." Shen Danyang said, we are confident that through further endeavor to realize the target of foreign trade import and export growth throughout the year.

Sunday, September 15, 2013

Action plan for prevention and control of atmospheric pollution ten specific measures

More than one is strengthen the comprehensive control, reduce pollutant emission. Comprehensive realignment of Carbon steel threaded ASME B16.9 concentric reducer
small coal-fired boilers, speeds up the key industries desulfurization and denitration, dust removal project construction. The comprehensive improvement of the dust and dining lampblack pollution. Consists car and speed up the elimination of old vehicles, vigorously develop public transportation, promotion of new energy vehicles, speed up to improve the quality of fuel oil.Second, adjusting and optimizing the industrial structure, promoting economic transformation and upgrading. Rein in energy intensive and highly polluting industries new capacity, speed up eliminating backward production capacity, resolutely stopped serious overcapacity industry construction projects.

Third, accelerate the technical transformation of enterprises, improve the scientific and technological innovation ability. Developing circular economy, strengthen energy conservation and environmental protection industries, ASTM A234 WPB Carbon Steel Equal Tee china producer promote the major environmental protection technology and equipment, product innovation and development and industrial applications.Four is to speed up the adjustment of energy structure, increase the supply of clean energy. Coal accounts for the proportion of the total energy consumption by 2017, to below 65%. Beijing-tianjin-hebei, Yangtze river delta and pearl river delta region to realize the coal consumption of negative growth.

Investment projects must be strictly access to energy conservation and environmental protection. Improve the barriers to entry, optimize the industrial layout, hydraulic equal tee carbon steel pipe fitting strictly limited in ecologically fragile or environmentally sensitive areas "projects" construction industry project.

Six is to play a role of market mechanism, improve environmental economic policies. The central government set up special funds, the implementation policy replace subsidies with awards. Perfect price, tax policy adjustment, encourage private and social capital into the prevention and control of atmospheric pollution.

Seven is to amplify the system of laws and regulations, strict supervision and management in accordance with the law. Focus on urban air quality rankings published by the state on a regular basis, JIS 5K Plate flanges the establishment of heavy pollution enterprise environmental information system of forced open. Improve the ability of environmental monitoring, increase the environmental protection law enforcement.Eight is to establish regional coordination mechanism, the overall regional environmental governance. Beijing-tianjin-hebei, Yangtze river delta regional cooperation mechanisms, establish prevention and control of atmospheric pollution of the state council and provincial governments signed the target responsibility, annual examination, strict liability shall be investigated.

Nine is to establish monitoring and early warning emergency system. Formulate and launched the emergency response plan in a timely manner, properly deal with heavy pollution weather.Ten is clear all responsibility. To mobilize the whole people to participate in an to improve air quality.

Wednesday, September 11, 2013

Logistics costs have gone up more than 2000

On January 1, 2012, transportation carbon steel seamless A106 steel pipe industry and part of modern service industry in Shanghai to carry out the "battalion to add" pilot. Its main content is in the carbon steel seamless eccentric reducer original VAT rate 17% and 13% two gears, on the basis of the new low tax rates were 11% and 6% two gears. Transport applicable tax rate of 11%, instead of the business tax rate of 3% in the past; Used for water transportation low pressure steel pipes Ancillary services and logistics according to the VAT rate of 6%, instead of the business tax rate of 5% in the past.In April 2013, the state council decided to further expand transportation industry and part of the modern service industry "camp to add" pilot, as of August 1, 2013 pilot pushed across the country.

According to measure, to increase "camp" transportation after the actual tax burden from 2% to 4%. Investigate its reason is part of the input tax deduction, relevant supporting measures did not fall to the ground.Tolls that cannot be included in the "camp" instead of the input VAT deduction, because the highway belongs to real estate investment, so the highway charge becomes can not enter the camp to increase the value added tax deduction. "Why not included in the cost tolls." The general manager, bewildered and asked, "what is the difference between this and movable property."

Transportation enterprise operating cost includes fuel consumption, tolls, artificial cost, sites such as rent, insurance (trust). Among them, the toll fee is the second big transportation cost, "2010-2013 road toll proportion in the cost of rising year by year, in 2013 is expected to account for 20.7% of the cost." To increase the general manager said, "camp", the enterprise cost, not the rose, tax rise 8%, is expected to be an additional cost of more than 2000 ten thousand yuan.

Also, "we are the whole transportation team, take the driver, his wages are far higher than other industry, the cost of each driver should now be in 7000 yuan to 10000 yuan between, why didn't this part of income into relief. If add this part, we accounted for 30% in the total cost, who will responsible for our cost increase?" Hebei a logistics enterprise executives said, "we have a profit code inside the industry logistics, but now this a no."

"Cost is higher and higher, the price is lower, and finally to logistics enterprise to bring what? Is the profits, the development of power." China logistics association vice President, chief operating officer of DeLiDe logistics corporation, worries Yun cotton said.

Sunday, September 8, 2013

Beijing sihuan prices as Hong Kong

China index research institute (microblogging), the latest figures show the cities housing prices in August 15 180 degree elbow pipe fitting asme b16.9 steel elbow consecutive month-on-month rise. Among them, Beijing rising from the most obvious, is up 3.22%, year-on-year increase of 22.49%. Within 2013 years ago in July, Beijing sihuan commodity residential 7D Butt Welded Bend Pipe fittings house to clinch a deal for an average of 42259 yuan/sq m, up 24% year-on-year; Has roughly doubled in four years ago.

Midland realty, according to data in the year to August 2013, the famous Hong Kong 100 small and medium-sized private estates to clinch a deal for an average of 7203 Hong Kong dollars per square Hot Expanded welded spiral steel tube foot (press) of computation of building surface, about equivalent to RMB 62000 / per square meter. Among them, the location close to the third ring road in Beijing - Kowloon 8042 Hong Kong dollars per square foot of sihuan, of about 70000 yuan/square meters. And new house average price near Beijing, already up to 60000, and very close to Hong Kong, the north has up to 50000-60000 yuan/square meters. Of houses in the centre of the city is also a lot of the unit price to $80000 above, with the Hong Kong island district average approximation. If it is the school district room is almost as if house prices in Hong Kong.

However, if consider Hong Kong to buy a house is to press set inside area calculation and exchange rate factors, Beijing sihuan rates can be as Hong Kong. To middle-class families buy a set of available for ordinary residential as an example, the basic living in Hong Kong, shatin, area (the equivalent of Beijing sihuan) to buy a 70 square metre (set) in residence, approximately hk $7 million, equivalent to about 5.6 million, and in Beijing sihuan a construction area of 100 square meters, set inside of about 80 square meters of housing, is 5 million yuan RMB, the difference is not too much.

Beijing sunshine 100, deputy general manager of real estate Fan Xiaochong also told our reporter pointed out that of the first-tier cities, including Beijing house price matches the world-class cities such as Singapore and Tokyo, and cost-effective compared to these cities, there are prices artificially high.
So far, the heat of the Beijing property market is still increasing. According to centaline property market research statistics, the first eight months of the year, Beijing new housing (excluding the affordable housing) signed total 59039 sets, with a total construction area of 7.01 million square meters, the volume is the second peak of the last five years, after 2009.

In contrast with Beijing, with a record high of the Hong Kong real estate market is weak. Last August, after several regulatory policies by the government of Hong Kong, the property market trading day is cold, house prices to smooth, mainland investors also elusive. Journalists access to Hong Kong transport and housing authority land registry data found that building business contract number only in Hong Kong in August 5111, last year fell fifty percent year-on-year.
Hong Kong CIMB securities research report pointed out that Hong Kong property prices in the unstable state of bubble, estimated 2014 property prices fell 10% ~ 15%, could fall another 15% to 15% in 2015.

Thursday, September 5, 2013

Whether there is demand means not bubble?

If Hong Kong property market bubble has certain, said the Beijing property market bubble is facing controversy.Zhang Dawei thinks, as well as Hong Kong, there is a bubble, Beijing property market "mainly is the house price to income ratio gap is too big". From the housing price to Low pressure fluid conveying with welded steel pipe income ratio, rental housing prices than the two whether property prices reasonable measure, at present Beijing these two indicators were significantly more than the international practice.

"Beijing is one of the most severe for Seamless tube used in steam pipe purchasing cities, house prices are still rising, and that there is a lot of self living and improve the housing demand." Shanghai e-house real estate research institute researcher Su Yan believes that Beijing's housing market is demand oriented, there just needs to support, and inventory at historical lows, there is no bubble.

Wang Deyong securities analyst said that the schedule 40 galvanized steel pipe biggest difference lies in Beijing and Hong Kong, Beijing can be very severe population expansion since 2008, the housing demand, and more and more affordable home; Hong Kong property market lack the support of the local population "for nearly 20 years of slow population short radius 90 degree elbow growth, local demand is limited". Is more speculative demand, continental Europe and the United States investors have entered even pushing up prices. He pointed out that this kind of situation in Hong Kong is very risky, once expected flipped, house prices fell sharply become inevitable.

Zhang Dawei believes that demand and the bubble is not necessarily linked. More often panic demand that buy a house, not the current demand, but the demand in advance overdraft. "Although the restrictions allow some speculators away, but some people will not rule out a house used as a means of investment, there are still risks." He said, "the location advantage of Beijing is too attractive, people keep buying, play the game of musical chairs. The more the greater the risk."

Fan Xiaochong to our reporter said that housing demand, market bubbles reduced or disappeared this logic, applies only in a real market economy conditions. "Political and economic environment facing the real estate industry is relatively deformed", he points out that the unreasonable land, tax policy, pushing up prices; Civil servants, through special channels state worker can get welfare house; Beijing's restrictions limit the needs of foreigners to buy a house, hindered the natural flow of residential, contrary to general economic law. In this environment theory of supply and demand and bubbles, it won't work.

Director of the 21st century real estate market SangYu maple think, as a lot of mature market economy theory and the law can not explain the phenomenon, China's bubble theory cannot explain exactly Beijing and other cities housing prices, why is it so high, but also has been under the strict control policy. Just like people call for the deep economic reform, the existing real estate regulation and control way of thinking must be changed, to respect the economic law, on the basis of reconstruction of the whole system of real estate, otherwise will always be a elephant.