Molybdenum News Center

Molybdenum concentrate market: currently business confidence was restored in the domestic market, coupled with favorable factors pushing around, participants bullish expectations high. Molybdenum concentrate market slight concussion, although slow to follow up demand, and supply and demand imbalance still exists, but existing suppliers reluctant to sell Italian Foreign concentrated. Foreign mining companies and brokers offer improved quality supply is relatively tight. However, steel procurement has not yet emerged, downstream manufacturers of ferro molybdenum inventory still, most demand procurement, molybdenum spot volume no amplification. In addition, due to differences in the business itself, the actual turnover of the external situation is different, the emergence of local high turnover sign. There are businesses that, molybdenum market participants offer strong, foreign sellers, the market is expected to remain favorable to late next month. Taking into account the improvement in market fundamentals little late gains or still limited. For now, molybdenum concentrate hard to purchase low-cost, businesses hold stocks to be up mentality is strong.

 

Ferro molybdenum market: current external market better and better raw material prices continue to support the market for molybdenum iron products. Foreign businesses offer strong, and showed a steady rise in the trend. However, as businesses take a different goods outside circumstances, cause the actual views of the market also have differences. Poor delivery of part of the business that, despite the shifting prices of the products, but inquiry and have yet to see significant improvement in trading conditions, so follow the market operation, waiting for the late arrival. There are also businesses that late bidding will start bidding plan mills, steel mills, the level of actual and expected bidding tender quantity will have a great impact on the business late, if the demand can not be improved, ferro-molybdenum prices continue to rally or difficult. Molybdenum iron or expected short-term market is still strong, but the gains have to wait for the end of the steel case recruit announced.

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