Ammonium molybdate price in China has remained unchanged since May, however, the price has went up slightly last week due to the increasing demand.

Molybdenum Oxide Prices Increase In China

It is reported that the Chinese State Reserve Bureau will purchase molybdenum oxide 57%min from domestic producers, which improved market sentiment greatly and ended the downward trend of prices.

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Nonferrous resource tax reform in the next year at the latest,

Case design ideas are: resource tax reform will be the current trend is changed from the amount levied ad valorem. On the non-ferrous industry, the cyclical downturn in the industry at this stage, in order to reduce the burden on enterprises to achieve a smooth transition reforms, reforms to follow the principle of equivalence translation, enterprise resource tax burden that is equal before and after the reform, thereby pushing down ad valorem the proposed tax rate.

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July 22 morning molybdenum market guidance

Macro Information: fiscal policy will tend to positive, monetary policy must be reduced financing costs; Ministry of Housing to promote urban infrastructure, road construction brewing trillion gold; China's fund industry will relax foreign ownership restrictions.

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July 21 morning molybdenum City guide

Macro Information: State Department intensive research the local economy, a study focused on steady growth measures; property purchase policies greet exit window period, and more clearly bailout; central bank will not tighten, the second half of the money supply, or a new high.

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July 18 morning molybdenum market guidance

Treasury nearly one-third of the central enterprises in the first half of negative growth or loss; domestic refined oil prices are expected to reduce next week.

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July 17 morning molybdenum market guidance

Macro Information: deregulation and more obscure room business performance burden, property sales down 6.7%; China in the first half GDP up by 7.4%; international oil prices fell below $ 100, the short-term international oil prices are expected to remain volatile.

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Molybdenum News Center

Ammonium Molybdate Prices Increase Slightly In China

Molybdenum Oxide Prices Increase In China

Nonferrous resource tax reform in the next year at the latest,

July 22 morning molybdenum market guidance

July 21 morning molybdenum City guide

July 18 morning molybdenum market guidance

July 17 morning molybdenum market guidance

July 16 morning molybdenum market guidance

Chinese Moly Concentrate Prices Take a Fall

European Molybdenum Oxide Powder Price On Jun. 30

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