Molybdenum News Center

Macro Information: ferrosilicon, silicon manganese futures market today, Wan Shou-sharing ferroalloy industry risk; clear in the second half will still be directed regulation of the central bank, said the industry may contain directional cuts; Greek economic growth for the first time in six years. 

 

Recently, the domestic sale of molybdenum products market stalemate situation is more serious ups and downs of the market into a dilemma. Although some of the actual price of the product loose, but manufacturers offer and maintain a stable, primarily due to the expected market outlook and the impact of the existing operating conditions. In addition, the industry off-season is not over yet, hard steel market fundamentals improve, resulting in the upstream market to enhance the difficulty of molybdenum products. However, due to the current low prices resident, businesses profit difficulties, manufacturers of heavy cost pressure, willingness to take the initiative to lower product pricing low. If the mid-market demand and business operators pressure did not change, the market might still continue to stabilize. Also, miners not hold stocks of raw materials, low-cost supply still hard to find, but also support the molybdenum product market stability. Expects short-term molybdenum market in general maintenance of stability, factors to be instructive guidance outlook.

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