March Futures Quotes Molybdenum Temporarily Remain Stable,The Market Price of Molybdenum Products without The City
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- Category: Molybdenum's News
- Published on 30 May 2014
- Written by Cloudy
- Hits: 721
May 29 LME 3-month molybdenum futures quotes temporarily remain stable, slight fluctuations in 15 -month period . March molybdenum quoted $ 31,000 / 32,000 / ton ; 15 -month molybdenum Quote 31700 ( down 5 ) / 32700 ( down 5 ) U.S. dollars / ton , LME positions of molybdenum 54 hands down 6. Macro Information : RMB central parity record nine -month low , short-term or will continue to depreciate ; saving water for the first time included major projects , Ministry of Water Resources is proposing to lead the New Deal public funding ; China will allow private capital investment in military equipment .
More recently molybdenum steel products to the domestic tender , but less successful results of the business expected. Due to the large downstream industries running resistance, it is difficult to play a larger upstream molybdenum positive role in promoting the city . Outlook still more uncertainty and more participants remain cautious . Although not cheap miner outside , but buyers Inquiry low price , buyers and sellers significantly stalemate , making market of molybdenum products have no market price . Ferro molybdenum market are more quiet , high turnover and therefore difficult transaction prices at a lower level. Other molybdenum products market continues to calm down prices of raw materials No , little change in production costs , manufacturers Qiuwen mentality is still strong . Saddle Ridge is expected before the holiday molybdenum market generally stable , there may be slight fluctuations Festival or the .
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