Molybdenum News Center

Molybdenum concentrate market: current domestic market price of molybdenum is still not stabilized signal now, businesses are hesitant to operate. As the venue cheap messages frequently, the differences between businesses is also widening. There are businessmen said that the current prices are close to or even more than the manufacturer's production costs, and therefore reluctant to sell the mood of foreign participants increased, low product prices continued to fall in the latter wishes. There are businesses that, in the downstream of the lower prices and some mining companies sourcing funding pressure, the venue has seen regular grade molybdenum concentrate 1300 yuan / ton level below the level of turnover phenomenon, so molybdenum concentrate prices have not bottomed, the latter still has concussion downward risk. Today, more than 40% of conventional grade molybdenum concentrate mainstream price 1300-1320 yuan / ton level; 47% more high-grade molybdenum concentrate quotes and in 1330-1370 yuan / ton level. Although businesses offer temporarily maintain the important juncture, but the actual transaction facing difficulties. Affected by this, but some manufacturers to suspend shipments outside to wait and see attitude. In addition, the external molybdenum prices rebound or support ship's operating mentality to some extent. Participants are expected to short-term market outlook will remain cautious, limited magnitude of price fluctuations. 

 

Ferro Molybdenum Market: Industry season resulted in weakened demand levels of production capacity, coupled with more stringent environmental policies in some areas, have a greater adverse impact on manufacturers of ferro molybdenum production. Existing market trading activity is not high, some manufacturers spot poor circulation, so the relative increase in operating pressure, external offer is also in the process of constantly down. Currently 60 cash price of ferro molybdenum products in 9.1-9.3 yuan / ton, the actual transaction price at around 9-9.2 yuan / ton; acceptance rates continue to remain at 9.4-9.6 yuan / ton nearby. There are businesses that, after the mid to late, ferro molybdenum prices continue to drop, and the actual volume there is a difference. Up to now, received into the downstream inquiry scarce, mainly to complete the part of the customer's original bulk orders and transaction-based, temporary barely stay afloat. On the one hand, the downstream demand is difficult to improve the external market does not appear too good temporarily changed; on the other hand, price stability maintenance of molybdenum, molybdenum, iron manufacturers cost pressure, hard cash will fund a strong merchant shipping. Therefore, there will still adhere to the recent molybdenum iron minor adjustments, trading mostly watching.

More molybdenum product: http://www.molybdenum.com.cn
Tel: 0592-5129696 Fax：0592-5129797
E-mail:  This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Price: http://www.chinatungsten.com