July 16 morning molybdenum market guidance
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- Category: Molybdenum's News
- Published on 16 July 2014
- Written by ling
- Hits: 461
Economic Update today announced second quarter GDP growth rose to 7.5 percent, or; first half of the 11 provinces clearly posting steady growth, place or get together on the project again; central bank repurchase operations to carry 20 billion.
Terminal market demand has not been significant improvement in the fundamentals are no signs of much improvement. Taken together, the current domestic market temporarily molybdenum products have low power rebound. Multi-existing participants stay on the sidelines, market dynamics for increased focus and the quote level is relatively concentrated. Taking into account the substantial demand was not admitted, the market outlook is expected to remain weak middlemen, buying enthusiasm is not high, although it shipped providers offer a more firm, and even climb was up signs, but high turnover greater resistance. Molybdenum raw material market within a narrow range, Change dilemma; mills tender yet focused approach, the number of poor trading of ferro molybdenum, and to bulk transaction-based. Other molybdenum products market in a relatively flat state, the demand is still active, strong willingness businesses wait. Expects short-term molybdenum market remains stable or still, wait until the city merchants hold stocks.
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