FANG Lan, SHEN Lei. Analysis of the recent trends of mineral resources asset prices in China based on the ARMA modelJ. CHINA MINING MAGAZINE, 2010, 19(8): 26-29.
    Citation: FANG Lan, SHEN Lei. Analysis of the recent trends of mineral resources asset prices in China based on the ARMA modelJ. CHINA MINING MAGAZINE, 2010, 19(8): 26-29.

    Analysis of the recent trends of mineral resources asset prices in China based on the ARMA model

    • The mineral resources are the basis of national security.This paper discusses AIMA model built based on the historical data of monthly index of mining product price in China, as well as forecasts and analysis China’s asset prices of mineral resources.The following conclusions can be drawn:the historical data mentioned above are suitable for building ARMA model, and the prediction result for short forecasting is precise;in the future, there is room for further increases in asset prices of mineral resources, and the opportunity should be seized to control strategic mineral resources exploitation, effectively protecting the country’s resources safety.
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