Molybdenum Market Guidance on August 14
Macro News: July data is not optimistic about the lead voice cut interest rates, monetary policy steady partial loose material; Suzhou monthly trade first broke $ 30 billion; prices next Monday or greet the sixth year down, or down 190 yuan per ton.
Molybdenum Market Guidance on August 13
Macro Information: four rows rare blood get together and issue bonds, bank bonds this year exceeded 200 billion; country more than 70 cities and counties have been canceled GDP assessment; Eurozone economic sentiment index hit a 16-month low, the euro fell.
Molybdenum Market Guidance on August 12
Macro Information: directional quasi-two months down the status quo, small micro-enterprise loans easy interest rate unchanged; July national fiscal revenue increased 6.9%, after a few months the central government grew hard; European Central Bank kept its benchmark interest rate unchanged.
Molybdenum Market Guidance on August 11
Macro Information: RMB appreciation back track, the exchange rate hit a new high of nearly May; July CPI rose 2.3%; exports in July soared to pull surplus innovative, high growth is expected to continue.
Molybdenum Market Guidance on August 8
Macro Information: ferrosilicon, silicon manganese futures market today, Wan Shou-sharing ferroalloy industry risk; clear in the second half will still be directed regulation of the central bank, said the industry may contain directional cuts; Greek economic growth for the first time in six years.
Molybdenum Market Guidance on August 7
Macro News: July 300 city land transfer halved year on year, housing prices in joint government bailout; price settles down or drop about 1 cent, power generation system of collective opposition; strength of the dollar, the price of gold continued weak order.
Molybdenum Market Guidance on August 5
Macro Information: Midwest economic growth during the first half is still faster than the eastern; central bank to reflect directional drop quasi drawbacks, monetary policy, or enter the observation period; repair under the euro zone manufacturing PMI to 51.8 in July, the economic recovery is weak.
China tungsten and molybdenum industry run trend in the first half 2014
According to the report by the non-ferrous metal industry sentiment index China Nonferrous Metals Industry Association Economic Times climate index by industry research centers and the National Bureau of Statistics China Economic Monitoring Center released show that from January to June 2014, the monthly non-ferrous metal industry sentiment index six consecutive months below 50, in the "slants cold" zone, where the first three months continued to decline from 49.1 to 46.9, indicating the boom all the way down; after three months rising to 49.7 from 48.0, indicating boom gradually picked up.
No Change Seen In North American Molybdenum Oxide Market
Prices for molybdenum oxide 57%min could be found between USD13.00-13.50lb d.p. in warehouse. The market has seen no movement in the last week, and is thought to have stabilized after seeing steady price declines over the past month.
European Moly-Metal Prices Increase Slightly
European moly-metal prices have increase by around USD0.50-1.00kg over the past three weeks to range between USD34.50-35.50kg in warehouse Rotterdam on Thursday.
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