Molybdenum News Center

Molybdenum concentrate markets: positive factors affected the macro level, since this week, the domestic market of molybdenum stabilized stabilized not only completed the rhythm, even a tentative pull up the local situation. Although the high turnover is still difficult, but hard to find low-cost supply. More miners hold stocks to watch, temporarily slowed the pace of foreign goods to go. Taking into account the lack of positive factors driving force, the market trend is still uncertain, the downstream businesses much action has not yet appeared, so the overall market is still holding stability of molybdenum-based products. After a pre-market consumption and cool quotes suppression of existing low level miner stocks, so the pressure is still manageable cargo hold. If the macro-level policy can play a role in promoting the market, molybdenum market will see positive changes. Expected short-term maintenance of stability of molybdenum market mainstream, cautious buyers and sellers in the state. 

 

Ferro molybdenum market: mid-portion of ferro-molybdenum steel products to maintain a neutral level of bidding, no major changes occur temporarily. External molybdenum product prices continue to rise, while the domestic market of molybdenum is also stable and slightly upward. However, these favorable factors did not appear to promote the collective price of ferro molybdenum market situation. Considering the pace of procurement downstream market is still poor, existing manufacturers take the goods of foreign obvious improvement, coupled with the high turnover difficulties, many participants temporarily maintain the sidelines. However, due to the low price of raw materials is difficult to purchase, molybdenum iron Foreign businesses began to sellers, and high turnover, although failed to amplify, and the price level is gradually increased. Dealers and small steel procurement is relatively active, the price level has been repaired. However, the high supply Not to get ordinary recognized downstream market, so the larger the possibility of ferro molybdenum market stability. Post-market trend, or pending at the end of the steel strokes guidelines. 

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