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Demand Weak, In Part Of Molybdenum Price Drop
Author:Molybdenum Manufacturer & Supplier    Source:Chinatungsten Online    Update Time:2013-3-1 14:22:03

Demand Weak, In Part Of Molybdenum Price Drop


The recent molybdenum concentrate price level than before somewhat drop 30-39% Molybdenum Concentrate 1590-1670 yuan / ton level near the 40-45% molybdenum prices are mainly concentrated in the 1680-1720 yuan / ton near 47%and above molybdenum concentrates still maintain the 1720-1740 yuan / ton. With the increase in business market operation, the venue supply increased accordingly. The actual demand is less markedly effective deserted part of the miners, said the small number of actual turnover, and low price, the market waiting to see the thicker atmosphere.

 

60 the molybdenum iron mainstream cash offer today concentrated in the 11.5-11.6 yuan / ton decline in 1000 yuan / ton, acceptances price of 11.9-12.1 million / ton. Steel mills the bidding levels did not change, the late still downstream guidelines. Inner Mongolia, a manufacturer, said the prices down factory molybdenum prices began to increase compared to the previous inquiry, but the actual number of transactions is still no significant change. Therefore, short-term molybdenum iron merchants operating pressure or larger adverse shipments will continue to exist.

 

The impact of sluggish domestic downstream market demand, the postganglionic molybdenum prices showed deserted condition, part of the molybdenum prices fell slightly. Molybdenum concentrate, molybdenum iron and actual demand in the doldrums, businesses traded more difficult. Some mining companies cheap shipping affect the market mentality. The molybdenum iron manufacturers hold stocks sidelines, the inquiry is still small. Traders to maintain normal operation, tentatively lower prices in an attempt to price-generation amount. The performance of the other products are still poor, the the merchant market outlook is expected to drop slightly. We expect short-term the molybdenum market trends or maintain low....... More news, prices and markets

 

 

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ArticleInputer:jiang    Editor:jiang 
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