Focus on some aspects of market price trends for tungsten
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27350%2F17%3A10237229" target="_blank" >RIV/61989100:27350/17:10237229 - isvavai.cz</a>
Výsledek na webu
<a href="https://actamont.tuke.sk/pdf/2017/n2/4dvoracek.pdf" target="_blank" >https://actamont.tuke.sk/pdf/2017/n2/4dvoracek.pdf</a>
DOI - Digital Object Identifier
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Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Focus on some aspects of market price trends for tungsten
Popis výsledku v původním jazyce
The contribution deals with prices of tungsten concentrate and ammonium paratungstate (APT) where the latter represents the most common form of tungsten for trading purposes. Taking examples of US and China tungsten markets, this paper demonstrates that the tungsten market price is influenced by many other factors than only those of supply and demand. As based on the past pricing trends for tungsten ore concentrates and also ammonium paratungstate (APT), a two year's tungsten price forecast has been developed. The data published by the Metal Bulletin between January 2002 and June 2015 served the purpose of our future trend forecasting. The forecast took advantage of the programme, @RISK by Palisade Corporation, Ithaca, New York (Industrial Edition, Excel Version 6.3.1). The forecast outcomes acquired by GARCH (Generalized Auto-Regressive Conditional Heteroskedastic Model) implied a modification of the original time series of the APT prices, i.e. exclusion of relatively stable prices of the initial period, and the immediate phase of their temporary growth. In the next step, the forecast for APT prices was obtained by means of applying the model MA (Moving Average Model). The outcome corroborates the theory of the growth and drop pricing cycles, which mechanism also applies to tungsten ore concentrate markets.
Název v anglickém jazyce
Focus on some aspects of market price trends for tungsten
Popis výsledku anglicky
The contribution deals with prices of tungsten concentrate and ammonium paratungstate (APT) where the latter represents the most common form of tungsten for trading purposes. Taking examples of US and China tungsten markets, this paper demonstrates that the tungsten market price is influenced by many other factors than only those of supply and demand. As based on the past pricing trends for tungsten ore concentrates and also ammonium paratungstate (APT), a two year's tungsten price forecast has been developed. The data published by the Metal Bulletin between January 2002 and June 2015 served the purpose of our future trend forecasting. The forecast took advantage of the programme, @RISK by Palisade Corporation, Ithaca, New York (Industrial Edition, Excel Version 6.3.1). The forecast outcomes acquired by GARCH (Generalized Auto-Regressive Conditional Heteroskedastic Model) implied a modification of the original time series of the APT prices, i.e. exclusion of relatively stable prices of the initial period, and the immediate phase of their temporary growth. In the next step, the forecast for APT prices was obtained by means of applying the model MA (Moving Average Model). The outcome corroborates the theory of the growth and drop pricing cycles, which mechanism also applies to tungsten ore concentrate markets.
Klasifikace
Druh
J<sub>imp</sub> - Článek v periodiku v databázi Web of Science
CEP obor
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OECD FORD obor
20703 - Mining and mineral processing
Návaznosti výsledku
Projekt
<a href="/cs/project/TE02000029" target="_blank" >TE02000029: Centrum kompetence efektivní a ekologické těžby nerostných surovin</a><br>
Návaznosti
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Ostatní
Rok uplatnění
2017
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Acta Montanistica Slovaca
ISSN
1335-1788
e-ISSN
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Svazek periodika
22
Číslo periodika v rámci svazku
2
Stát vydavatele periodika
SK - Slovenská republika
Počet stran výsledku
10
Strana od-do
126-135
Kód UT WoS článku
000412231000004
EID výsledku v databázi Scopus
2-s2.0-85030094353