By using GARCH(1,1)-M and EGARCH(1,1)-M models, the relationships among funds speculation transaction, arbitrage transaction and the fluctuation of international copper future price were studied. The news impact c...By using GARCH(1,1)-M and EGARCH(1,1)-M models, the relationships among funds speculation transaction, arbitrage transaction and the fluctuation of international copper future price were studied. The news impact curve of copper future price fluctuation respectively introduced funds speculation position and arbitrage position was given, and the result is consistent with the empirical study conclusion. The results show that investment funds are not the factor that causes copper future price fluctuation, but can reduce the copper future price fluctuation; the copper future price fluctuation is more sensitive to negative information, and ftmd speculative positions can reduce asymmetric effect of copper price fluctuation, while fimds arbitrage position influences less.展开更多
A novel process aimed at the comprehensive utilization of sintering dust was developed by combining wetting grinding with sulfidization flotation. The mineralogical characteristics of the sintering dust and products w...A novel process aimed at the comprehensive utilization of sintering dust was developed by combining wetting grinding with sulfidization flotation. The mineralogical characteristics of the sintering dust and products were studied by powder wettability analysis, X-ray diffraction(XRD), scanning electron microscopy(SEM) and mineral liberation analyzer(MLA). It was found that the primary lead species was laurionite and most of the particles were overwrapped with KCl. Wetting grinding was shown to accelerate the dispersion of sintering dust and transform the KCl overlay to a leachate with 20.78 g/L of K+. A lead and silver concentrate consisting of 40.82% of Pb and 0.96 kg/t of Ag was achieved, while an iron concentrate with 60.89% of Fe was gained as tailings among sulfidization flotation. The recoveries of Pb, Ag and Fe were 89.57%, 87.85% and 88.58%, respectively. The results indicate that this method is a feasible and promising process for the comprehensive utilization of sintering dust.展开更多
基金Project(20090162120086) supported by Research Fund for the Doctoral Program of Higher Education of ChinaProject(10YJCZH123) supported by Humanity and Social Science Foundation of Ministry of Education of China+2 种基金Project(12JJ4077) supported by the National Natural Science Foundation of Hunan Province of ChinaProject(2009ZK3053) supported by Soft Science Research Project of Hunan Province of ChinaProject supported by the Freedom Explore Program of Central South University,China
文摘By using GARCH(1,1)-M and EGARCH(1,1)-M models, the relationships among funds speculation transaction, arbitrage transaction and the fluctuation of international copper future price were studied. The news impact curve of copper future price fluctuation respectively introduced funds speculation position and arbitrage position was given, and the result is consistent with the empirical study conclusion. The results show that investment funds are not the factor that causes copper future price fluctuation, but can reduce the copper future price fluctuation; the copper future price fluctuation is more sensitive to negative information, and ftmd speculative positions can reduce asymmetric effect of copper price fluctuation, while fimds arbitrage position influences less.
基金Project(CX2015B053)supported by the Hunan Provincial Innovation Foundation for PostgraduateChinaProject(B14034)supported by National 111 Project of China
文摘A novel process aimed at the comprehensive utilization of sintering dust was developed by combining wetting grinding with sulfidization flotation. The mineralogical characteristics of the sintering dust and products were studied by powder wettability analysis, X-ray diffraction(XRD), scanning electron microscopy(SEM) and mineral liberation analyzer(MLA). It was found that the primary lead species was laurionite and most of the particles were overwrapped with KCl. Wetting grinding was shown to accelerate the dispersion of sintering dust and transform the KCl overlay to a leachate with 20.78 g/L of K+. A lead and silver concentrate consisting of 40.82% of Pb and 0.96 kg/t of Ag was achieved, while an iron concentrate with 60.89% of Fe was gained as tailings among sulfidization flotation. The recoveries of Pb, Ag and Fe were 89.57%, 87.85% and 88.58%, respectively. The results indicate that this method is a feasible and promising process for the comprehensive utilization of sintering dust.