Molybdenum Market in Domestic Stays Stable, and Become Active Internationally
- Details
- Category: Molybdenum's News
- Published on 28 August 2014
- Written by jwy
- Hits: 275
In the domestic market, molybdenum concentrate mainly stays stable in the middle of August. Although downstream molybdenum iron manufacturers have increased demand for raw materials, molybdenum enterprises havenot increased demand for raw materials, mainly because the inventory is enough. Therefore, in short term, there will not exists much purchasing, and the dealing price of molybdenum concertrate will stay. Now the cash price of molybdenum iron in domestic is in 9.3-94000 yuan/ton, and the mainstream accept price is in 9.5-96000 yuan/ton.
Internationally, summer recess ia going to an end with more active market, some traders have begun to enquiries, and are ready to join market operation and store cheap goods. It is expected that molybdenum market overseas will continue to run better next week, and international price molybdenum will still rise slightly.
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