July 18 morning molybdenum market guidance

Treasury nearly one-third of the central enterprises in the first half of negative growth or loss; domestic refined oil prices are expected to reduce next week. 
 
Current State Reserve Bureau purchasing and storage of molybdenum products has been confirmed that the official or molybdenum resources important step in strategic resources, there may be a WTO complaint against China in early control of scarce resources to prepare. 
Therefore, the role of the tight economic climate as well as external pressures inside and outside, do not rule out the latter part of the macro aspects of the export quotas and tariffs may make appropriate adjustments. In addition, with regard to the acquisition is not much, but this kind of takeover can be renewed thereafter, remains the focus of investors are more concerned about the venue. Despite the failure to change the purchasing and storage of domestic supply and demand pattern of molybdenum products, but the business is expected to change, have tentatively raise external offer. Faced with this situation, the differences between businesses began to widen, there are still some market participants to choose the sidelines, waiting for further volatility Quotes. Bidding is approaching the end mills, merchants can get lower price recognition remains to be seen. Expected, short-term municipal or solid molybdenum-based operation. 


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