Molybdenum News Center

Macro Information: State Department intensive research the local economy, a study focused on steady growth measures; property purchase policies greet exit window period, and more clearly bailout; central bank will not tighten, the second half of the money supply, or a new high. 

 

External weekly molybdenum products market continued to rise, mainly due to the strong field force demand and little shelf. Stronger confidence in the market outlook last year, an increase in willingness to operate. Although summer is still in closed session, but did not inhibit the rise in the price of molybdenum products. Businesses reluctant to sell cheap, the actual transaction price levels are slowly rising, participants have higher expectations for the late. At the same time, the internal market was relatively less molybdenum products, lack of favorable factors, the limited number of macro-purchasing and storage, businesses are not based on excessive expectations. Substantial demand is weak, and the bidding has not yet Admission steel, molybdenum products of foreign manufacturers are still waiting to see the darker mood. Downstream buyers caution, the spot remained poor circulation. However, molybdenum, molybdenum and iron manufacturers of external phenomena cheap no more, and the actual transaction price increase, demand for steel city as the latter can be restored, molybdenum products will help stabilize the market. Expects short-term molybdenum market prices or the overall stability maintenance operation. 

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