Molybdenum News Center

Molybdenum concentrate market: mid-month, molybdenum raw materials market demand weakness, buying negative, the actual inquiry and order much. However, no large mining enterprises capital and inventory pressures, low external low willingness to take the goods, buyers and sellers in terms of price is difficult to reach an agreement, resulting in the spot market stalemate highlights. Back to back operations to reduce middlemen, watching aversion, few speculators bullish mentality is strong, so trying to seek low-cost supply; downstream buyers much delayed procurement plans. Today, more than 40% of conventional grade molybdenum concentrate mainstream price 1320-1350 yuan / ton degree; 47% more high-grade molybdenum concentrate quotes and in 1350-1380 yuan / ton level. There are manufacturers that the current about 40% of conventional molybdenum concentrate grade is difficult to 1310 yuan / ton degrees above the price of the transaction, the downstream prices down severely, and the demand is not strong, high-priced hard deal. However, due to unclear market outlook, coupled with the impact of cost of mining companies are reluctant to take the goods at excessively low prices. Therefore, buyers and sellers more wait and see. Molybdenum concentrate market weak consolidation, local price shocks, but the market ups and downs in a dilemma. 

 

Ferro Molybdenum Market: Recently ferro molybdenum market did not fluctuate much, except for some manufacturers mentality unstable and low foreign offer, other manufacturers offer basic maintenance at the same level. Market to buy gas shortage, many businesses faced with difficult problems shipments. However, as the end approaches, steel demand is expected to enhance the trick; same time, the possibility of external summer break after a larger market upturn, the mentality is expected to stimulate domestic participants operate a large extent. In addition, raw material prices continue to maintain a strong, low-cost procurement is not easy, but also on the stability of ferro molybdenum market play a supporting role. There are businesses revealed that although poor market performance, and more participants in order to face the situation of scarcity, but the limited space ferromolybdenum market adjustment. Existing transaction-based businesses and more bulk, price volatility is not. Striving business mentality is strong, short-term or remain quiet operation. 

More molybdenum product: http://www.molybdenum.com.cn
Tel: 0592-5129696 Fax：0592-5129797
E-mail:  This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Price: http://www.chinatungsten.com