Molybdenum News Center

LME Molybdenum Futures Quotes Pause,Molybdenum Products Market Outlook,Business Practitioners Are Still Increasing Divergence

May 26 LME molybdenum futures quoted by Britain Spring Bank Holiday Pause, then return to normal. Macro Information : SCS fabric carbon emission reduction action plan , resource tax ad valorem ; ministries strengthen energy and carbon intensity target responsibility assessment ; several investment banks " changed to " turn the RMB exchange rate is expected to depreciate by the liter .

More mills will end domestic market tender , or to some extent driven by the needs of the venue . Coupled with the external market, and the impact of primary products factory inventories low molybdenum and other factors , the current market outlook, business practitioners molybdenum products increased differences still exist . External offer large mining firm, although the actual transaction at a slower pace , the price level is slightly loose, but a lower willingness to take the goods cheap businesses . Molybdenum iron manufacturers offer to stabilize the main , the market outlook is still not clear, iron- molybdenum steel products for the tender results could boost the market remains to be seen . Caution buyers and sellers , market performance over the calm atmosphere of poor trading . Other molybdenum products market is relatively stable , some molybdenum chemical products prices firm , the manufacturers of the transaction price is expected to go up slightly signs of short-term molybdenum market or mainstream steady.


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