Molybdenum News Center

Molybdenum concentrate market: Although the current molybdenum concentrate products remain relatively sluggish market trend, but the latter is still no shortage of favorable information, such as resource tax hike, external market rebound, after losing the case of rare earth export tariffs and policy adjustments and so on. Taking into account the macro no new action, policy impetus yet to appear. In addition, the industry off-season is not over, trading mentality quite different, the market outlook highlights the differences, resulting in difficult to reach a deal. Taking into account the cost of procurement and operational risks, lower purchase prices down; part speculators began buying low-cost resources to cover short positions timely stockpile. However, low-cost shipping foreign miners consciousness is not strong, the market ups and downs troubled dilemma. Foreign mining companies offer more stable, but the actual shipping situation is not ideal. Increasingly clear market trend after the end of the participants to maintain a wait and see attitude unabated. Or short-term market is expected to remain weak molybdenum concentrate consolidation state.

 

Ferro Molybdenum Market: Mo-Fe mediocre product market, the downstream and more tentative inquiry-based, actual procurement will is not strong operational status of poor long-term suppression of molybdenum steel product market trend. In addition, the venue is not a fundamental shift in the pattern of supply and demand, such as the off-season after the steel market fundamentals are still not improved, then the raw product prices or eke out a slight concussion trend. Affected by lack of orders, the manufacturers take the goods outside the bargaining power is weak. There are businesses revealed that the existing multi-venue deal with several tons of bulk transaction-based, and the actual transaction price levels are uneven. Taking into account the existence of low-cost raw material procurement difficulty, while molybdenum iron production costs down hard, low price inquiry also difficult to accept. The difference between the market price and cost less, manufacturers profit operations. Short-term or difficult to improve the supply and demand side, limited price support force, the market outlook is still looking the steel market trend.

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