Molybdenum News Center

Molybdenum concentrate market: Recently a series of external molybdenum commodity prices rise, coupled with the domestic price of molybdenum has been close to the bottom, the business mentality Qiuwen strong, external low-cost sellers, stabilized signs of stabilization followed. Although no real growth in total demand, but miner stocks, funds much pressure, external hope gained strong will. Wandering into the market of macro-level purchasing and storage of positive news, boosting the confidence of businesses to raise prices. Although much Shouchu number, and some businesses on the role of purchasing and storage skeptical, but it has in fact influenced the expectations of the business outlook. High turnover, poor, but more difficult to purchase cheap. There are businesses that, on the macro level has not yet formed molybdenum normal purchasing and storage resources, the overall impact on the post-molybdenum market prices may not be as strong as expected. However, given the current low ore prices, combined with the psychological effect reluctant to sell the business, leveraging the venue have raised the offer, the actual turnover of the latter situation upside support yet, so selling actively, buying carefully. 

 

Ferro molybdenum market: the market price of raw materials slowly upward, while ferro-molybdenum prices have appeared to stabilize the signal, significantly reduced the risk of holding goods such operations will increase downstream buyers. In addition, low-cost procurement of raw materials more difficult, increasing the cost of production of ferro molybdenum, and the export market also improved, more favorable factors operating in ferro molybdenum market conditions. Despite the apparent focus mills tender failed, but the downstream distributors and other small mills to cover positions slight improvement initiative. Manufacturers reluctant to sell sentiment strong, external offer big rate increases. As part of the manufacturer intends to boost the market, and no ship much pressure, so the quote is high, some large companies have taken advantage of price increases. However, the current rise in molybdenum prices, the downstream mills have not yet been recognized. Quotes specific operating conditions have to wait for the end of the steel recruit verification. In short, the short-term market price of ferro molybdenum up going down easily, but the volatility or limited space. 

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