Molybdenum News Center

Fluctuations in raw material prices of molybdenum, molybdenum iron price increases

November 19, the London Metal Exchange molybdenum futures quotes continue to remain stable, the 3-month futures and 15-month futures repeated fluctuations did not occur in the near future. 3-month futures' molybdenum offer 24,000 / $ 25,000 / ton; 15-month futures' molybdenum offer 24,720 / $ 25,720 / ton, the LME of molybdenum positions 120 hand. Newsletter: Eurozone finance ministers meeting was held, or approval of Greek assistance payment; October sales of existing homes in the United States price go up; nuclear power shelved rushed to return to work during the year is expected to restart the four units.

Recently, domestic molybdenum price of raw materials is relatively increased, and the market inquiry is increasing. Molybdenum concentrate prices fell to a low and the merchandise participation  is declined. According to the CRU data show that this year will have the relative balance of supply and demand of domestic molybdenum. Venue merchants willingness to lower long-term low-cost shipping deserted, molybdenum concentrate prices have raised. Raw material price increases, molybdenum, iron and other manufacturers offer relatively strong. Saddle Ridge is expected, the current price or continue to maintain and has a possibility to raised slightly of late.

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