The Morning Guidance of Molybdenum of September 1
- Details
- Category: Molybdenum's News
- Published on 06 September 2015
- Written by yiping
- Hits: 318
August 31 LME molybdenum futures price stable. March molybdenum quote 12670/13170 dollars/ton; 15-month offer 12890/13890 molybdenum dollars/ton, LME molybdenum 108 hand positions.
Yesterday, the international price of molybdenum oxide slight rise, but the reason of molybdenum oxide price to pick up due to unknown causes. The industry much stay on the sidelines and the phenomenon will still continue needing the test. In china, the market situation and the development of steel strokes rendering stalemate, the provisional price was steady, but in the recently the market may have a slight concussion which in the absence of significant stimulus, but little possibility of fluctuations.
Macroscopic aspect, the central bank again conducted six days of SLO, put 140 billion yuan of liquidity. The institutions predict August CPI increase of about 1.9%, negative real interest rates or reproduction. Qingdao Port Ore Terminal Construction IMC approved.
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