Molybdenum weak market stability maintenance , the actual trading two empty

Molybdenum market : current molybdenum prices temporarily remain stable, although some mining companies offer temporary change, but the actual turnover of serious pressure . Today, 30-38 % of low-grade molybdenum concentrate prices in 1350-1400 yuan / ton degrees ; conventional 40-45 % molybdenum mainstream price 1390-1420 yuan / ton degree ; 45% molybdenum plating price 1400-1420 yuan / t degrees around 47% and more high-grade molybdenum mainstream price 1420-1450 yuan / ton degrees nearby. In addition to cash and low-priced part of the business in a timely manner to take the goods , the more businesses will wait and see high .
Ferro molybdenum market : Recently molybdenum prices 9.7-9.8 yuan / ton , the market mainstream acceptance 9.9-10 yuan / ton nearby. A merchant , said the market although some manufacturers offer relatively high, but to ease the pressure on the operation , so that the transaction price when there is a certain space , so the actual market levels are relatively low. Steel prices continue to plumb the tender , the tender recently Zhangjiagang Pohang 120 tons of semi- acceptance price 95,500 yuan / ton , some manufacturers are reluctant to supply because the price is too low . Lack of market outlook has stabilized signal , businesses are expected to be pessimistic.
July 10 LME molybdenum futures quotations temporarily remained stable in March of molybdenum offer 21,000 / $ 22,000 / ton ; 15 -month molybdenum Quote 21730 / $ 22,730 / ton , LME molybdenum positions of 216 hands. Today newsletter : July First Thursday accusing him of a strong rebound in lending , increase nearly 170 billion ; half of total imports and exports grew by 8.6% ; Bernanke : Even though the unemployment rate fell to 6.5% would not rush to raise interest rates.
The external market : The current Western European markets molybdenum products prices continue to decline early , although prices have been at a low level , but in the market inquiry and transaction scarce pressure, coupled with the summer season is at , businesses cargo hold pressure. An external businessmen said that if the latter inquiry condition does not improve , do not rule out the possibility of product prices fall further . U.S. market remains relatively calm state , no price fluctuations , the overall market trend better than the European market.
Internal Market : Recently, molybdenum and other primary market prices seem to have signs of stabilizing , although a small number of low-cost transactions venue signs , and the overall atmosphere watching the relatively darker. Early part of the mining companies have ceased production and other conditions, in order to consume the existing inventory-based businesses . Steel prices continued downward bidding , molybdenum factory shipments increased difficulty . Other molybdenum products low levels. Short term is difficult to appear favorable factors supporting the market, so the molybdenum market prices are still continuing slight fluctuations. We expect short-term molybdenum market is still hard to pick up , businesses or continue to maintain the sidelines.