Molybdenum Market Will Be Stable in Short Term
- Details
- Category: Molybdenum's News
- Published on 27 August 2014
- Written by jwy
- Hits: 312
Recently, Molybdenum product in Europe market became active, and the actual demand for it stays steady, besides, the inquiry to raw material is increased obviously. More participants denoted that as the off-season is coming to an end, and businessmen strenghten their control to the market, and demand for molybdenum will be increased, more and more manufacturers are reluctant to sell out, and refuse to sell it with low price, and they keep a state of wait-and-see. there are difficulties in downstream procurement, which will prompt the outside market to go up steadily.
However,in internal side, there is no signs of improvement for demand.in addition, Tender result from steel mills has not issued, with the lackness of guidance from steel mills, there is a difficulty for molybdenum market to go up.
Finally, the supply and demand condition is not so better that a high volunm of dealing is hard to be clinched. What's more, molybdenum products businessmen are lack of power, and all are keep a state of wait-and-see, so that the pace of market operation is inhibited. It is expected thatmolybdenum market will be stable in short term.
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