Molybdenum News Center

Molybdenum concentrate market: recent favorable factors surrounding weakened, businesses pull up underpowered, making the stock price over the strenuous climb. In addition, near the end of the tender steel, molybdenum products market in the early stages of the industry to pull up the off-season, can get approved yet know the downstream market, so participants do not change the operation of caution. Continuation of the state of molybdenum reluctant sellers, although not much high volume but low-cost procurement difficulties. Multiple downstream buyers demand procurement, molybdenum concentrate the flow is blocked, the supply and demand pattern is still in a disadvantaged situation, the high turnover difficulties. Other dealers keep watching, timely market operation, but is still big room for profit. Due to the limited extent of improved fundamentals, the more conservative businesses view on the outlook, not lightly optimistic. Little probability of the stock market volatility, expected short-term price of molybdenum or a slight concussion adjustments. 

 

Ferro molybdenum market: the end of the mainstream domestic steel mills have admission tender, such as CITIC Pacific Special Steel, sand steel. Due to centralized tender mills, to some extent the demand for the venue can play a significant role in promoting the business and therefore increased focus. In addition, a small number of small pre-tender price of ferro-molybdenum steel products increased, while the level of mainstream manufacturers could continue to pull up the tender tendency to form favorable guidance for molybdenum products market, the focus of many businesses make more concerned. Taking into account the high turnover difficulties existing manufacturers offer not continue to increase, so keep the weekly level. Market outlook is unknown, businesses bullish sentiment still exist, so the risk of short-term ferro molybdenum market decline of no more likely to continue later this month held steady. 

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