Molybdenum News Center

The Review of August Molybdenum Concentrate Domestic Market

August, the basic trend of the domestic molybdenum market late last month, has inherited a slight upward trend. However, generally speaking, the latter market to pick up, and product price increases the amplitude of the space from the previous month increased. Late last month, regular grade molybdenum 1380-1400 yuan / ton, high-grade molybdenum 1410-1420 yuan / ton degrees. In fact, after several adjustments, August 30 to 38% of low-grade low molybdenum price 1390-1440 yuan / ton degrees,40-45% molybdenum conventional tastes mainstream price 1430-1460 yuan / ton degrees, while the high grade molybdenum quote is reached 1460-1480 yuan / ton, relatively high degree, before and after the rise 50-60 yuan / ton degrees. Below have been deserted for months molybdenum market, the magnitude of this increase is more objective.

As long deserted the stock market this year to suppress the existing domestic production factory in serious decline, resulting in tight supply market stocks, which makes the level of supply and demand molybdenum market is now improved. Moreover, as more mine production costs and market prices upside down severely, in order to relieve pressure on the operation, businesses hope up strong psychological. The current round of price increases, although not driven by a substantial increase in market volume, while the actual price level there is improved significantly. Businesses regain confidence in the market outlook, post-operation willingness to high.

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