Molybdenum News Center

Molybdenum concentrate market: Recently molybdenum concentrate market volatility is not, although the actual turnover is relatively difficult and downstream procurement prices down more, but large-scale foreign mining Write a quote signs of loosening, also many other market participants to maintain a wait state. Downstream businesses and more demand procurement, some orders too few buyers and even postponed the procurement plan. So, molybdenum concentrate market pressure has increased, the mainstream transaction price levels slow down signs. Henan, a merchant, said that the current pressure for mining companies hold stocks, the relatively limited supply of quality, so businesses still offer partial foreign firm. Poor part of the mentality of the business or intends to take the goods of foreign cash, but no material impact on the overall market. Mid demand tends deserted, businesses Qiuwen mentality is strong, the market can expect improved before next month. Supply and demand lighter atmosphere, participants hedge strong sense of molybdenum concentrate is expected to short-term market fluctuations or too difficult.

 

Ferro Molybdenum Market: steel tender price level is not high, and a substantial increase in demand are not sufficient to drive the current round of ferro-molybdenum prices appear too big gains. With more businesses to cover short positions end, the venue inquiry has decreased, while foreign manufacturers take the goods more difficult. Downstream steel market prices no signs of improvement, fear of ferro-molybdenum prices continue to dampen demand. However, raw material prices fall hard, molybdenum, iron and strong support costs, prompting foreign businesses offer stability maintenance. Although the actual transaction price level loose, businesses faced with high turnover blocked pressure, but the market has not significantly down. Ferromolybdenum market steady weakening, local price loose. Material improvement in the short-term market is difficult and limited price volatility. 

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