On August 16, molybdenum iron market newsletter

Molybdenum iron market: recently the cash price for the near 9.6-97000 yuan/ton, 9.8 100000 yuan/ton, mainstream acceptance of large manufacturers offer 9.8 101000 yuan/ton (cash - acceptance) is relatively high, some small and medium-sized manufacturers foreign cash offer is up to 9.8 100000 yuan/ton

(cash - d). Beijing businessman says, on the current price rather underpowered, but down the possibility of a smaller, too. Short-term product price or maintain the original level, after the off-season, business is price psychology or strengthened, which pushes group molybdenum market movements.Seasonal off-season, currently still in the field to appear positive factors, therefore, molybdenum failed to boost stock market movements. Although the market is relatively calm, actual transaction condition, but marketers still continue to wait for afternoon, rised low mood. Due to the spot market for resources is relatively less, investors such as stocks, funds pressure is relatively small, stay is still the mainstream. Business transactions is slowing, but given bullish trend

On August 12, futures offer three-month LME molybdenum to maintain smooth, 15 month period fluctuated, the three-month molybdenum offer 19600/20600 dollars/ton; 15 month molybdenum price 20325 (15)/(15) $21325 / ton, the LME molybdenum position 216 hands. After today's message: decentralisation approval where dense urban rail projects, a total investment of 4 trillion; Energy conservation and environmental protection will become a new pillar, output value of 4.5 trillion in 2015; The experiments of administrative examination and approval power directly cancel in our country.

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