Molybdenum News Center

Molybdenum concentrate market: With the recent external anti-molybdenum low commodity prices rise, and increased internal emotional reluctant to sell, pushing up the strong willingness of foreign businesses. Taking into account the post-product prices down slightly, and the market has now stabilized signal, increasing operating downstream buyers to cover short positions, and the enthusiasm of the previous month inquiry improved. But despite signs of molybdenum products markets stabilized, the business trend for the market outlook still unable to reach a consensus, so lurkers more, resulting in poor circulation spot market, the actual turnover is difficult to enlarge. Currently, the market is still in the industry surrounding the off-season, the lack of power market to pick up, more businesses on short-term market trend is still bullish afraid, so operation is more cautious. Due to the relatively large market inquiry, the market is still expected to support the force, expected short-term maintenance of stability of molybdenum market or in a weak state. 

 

Ferro molybdenum market: mid-downstream steel products for the tender quantity of molybdenum much iron, steel and poor part of the payment, the supplier wishes shipments affected. In addition, demand for steel city season continued, increased downstream production overhaul, the demand for ferro-molybdenum products weakened, brokers operating in some areas will reduce, so unwinding operation more cautious. Raw product markets stabilized stabilized, factory production costs down hard, external offer to maintain stability-oriented, rational manufacturers offer lower pre-adjusted to the mainstream market price. Coupled with external market turns for the better, molybdenum iron manufacturers expected a shift in market stability also produce good supporting role, is expected to short-term market or upstream weak ferro molybdenum. However, under the influence of the business Qiuwen mentality, no risk of decline in market. 

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