LME Molybdenum Futures Volatility Is Not,Stick to The Original Manufacturers Choose Other Molybdenum Concentrate Prices
- Details
- Category: Molybdenum's News
- Published on 28 May 2014
- Written by Cloudy
- Hits: 724
May 27 LME molybdenum futures quotes fluctuate marginally. March molybdenum quoted $ 31,000 / 32,000 / ton ; 15 -month molybdenum Quote 31705 (-10 ) / 32,705 ( down 10 ) U.S. dollars / ton , LME positions of molybdenum 60 hands. Macro Information : HSBC : China will introduce the next few months more targeted easing measures ; held around the railway construction will promote intensive , railway construction reached a climax ; possibility that many agencies predicted drop quasi- central bank is unlikely .
As the venue is not yet clear market trend , many participants stay on the sidelines of the state. Caution buyers and sellers , making the existing demand silence , the small number of overall demand , sellers of foreign goods to go blocked. Market transactions not active , some businesses have a certain attitude towards the market outlook changes . However, in addition to some much-needed cash in the business of foreign low-priced goods to go , the other manufacturers choose to stick to the original price of molybdenum . Admission to the succession of ferro molybdenum steel products for bidding , the higher the degree of business concerns , but because of the resistance of the large price increases , and the current venue yet high turnover phenomenon, molybdenum iron manufacturers optimistic about the market outlook not lightly . Middlemen -back operation, a strong sense of risk aversion . If the post- molybdenum steel product demand growth can occur , or expected short-term molybdenum market prices are still possible slight concussion .
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