Why the borate industry must respond to the market in order to avoid substitution

ABSTRACT: Artificially holding the price of borates substantially higher than the equilibrium price is severely
damaging to the industry.

Suppliers with economic reserves measured in years radier than decades are more likely to take short-term profits than show any interested in preserving a healthy market. In a highly
concentrated oligopoly mis can at best lead to collusive pricing and capacity fixing and at worst drive valuable customers in a very finite market towards substitutes. More significantly, there are compelling reasons for companies with limited reserves to inflate me market. Even the smallest reduction in the long-term price of borates can substantially reduce the commercially viability of me ore body. This skews objectivity as it can wipe billions of Dollars off the value of a mining company and is far more critical than the year on year profitability.

Makalenin devamı için aşağıdaki linke tıklayın

Why the borate industry must respond to the market in order to avoid substitution