6/11/2007

[Mo-Fe] ferro molybdenum market remains weak

Molybdenum products this week the overall market in terms of the overall international market and domestic market are at a relatively weak trend, Not only the market price at the slight decline, the market turnover is also very light and Most of the people in the industry are very worried about the development of the outlook.
This Week domestic ferro molybdenum market due to the overall product molybdenum market this big environmental impact, also in a small decline in the trend, however, because the market is indeed less actual transactions, Northeast manufacturers for the domestic market is still concerned about the high levels, and the market price of molybdenum is no significant decline in the combined effects of domestic ferro molybdenum market price decline is not great extent. to Friday, the Northeast manufacturers mainstream Price fluctuations in 29 .5-30 million / tons, and Henan, Beijing, Jiangsu, and other places in the mainstream Price 29 .4-29.8 million / tons, from the market price, relative last week that there has indeed been a remarkable decline, However, based on molybdenum prices decline to 4300 -4350 yuan / ton on the basis of degree, This decline is not large. Various manufacturers, the outlook for the current development does not grasp, As the international market becomes increasingly support the current weak export markets makes the situation is not good. In addition to the export quota is not currently have a clear answer, so each manufacturers and did not dare to take action, holdings outlook for the wait-and-see attitudes still exist; all brokers, Due to the market's overall weakness in the circumstances, the recent molybdenum sales of iron are not ideal, Most transactions are reflected very tepid, no one is interested, they outlook for the development also very worried about; Steel, There is no strong desire procurement, Friday in the central part of a steel mill for a small amount of the procurement, Does this represent a new steel mill in the upcoming procurement, it is understood that Next week, there will still be sporadic individual steel mills for the procurement, with limited capacity, is expected purchase price will not be too high. I believe that the overall market would not achieve much of the driving force. MOLYBDENUM, this market is still in the light circumstances, the less procurement, the transaction is the most tepid ore business, Although there are still some who said that mine is still reluctant to lower prices for sales, But most of the ironworks, said on the current transaction price is difficult, let alone mine operators still reluctant to sell at low prices. This will go on the results of the market prices slipped further, to Friday, Price mainstream market flotation in 4300 -4350 yuan / ton degrees, less turnover. On the current market situation, policy, the export quota policy has yet to be announced, all manufacturers and traders in both taboo and market has been very quiet, there will still be a short-term decline may be; Steel, procurement craze has not yet come. Sporadic procurement not stimulate the domestic market; molybdenum market transactions few slight price decline; prices in the international markets are still in decline, temporarily unable to give the domestic market support, and all aspects of the situation, the domestic market in the short term in order to change the status quo, the probability is low.
International market, the overall market is still facing some volatility on the European market. At present, the demand is still some slack performance, ferro molybdenum price hikes less likely, But not shallow Molybdenum market prices did not like ferro molybdenum market prices, but the performance of some stationary, and Most of the traders are doing their utmost in that market, hoping to capture the lead to better opportunities. From this week the British "metal Herald" (MB), the price of molybdenum prices, Molybdenum iron fluctuations in the European market in 77 -78 dollars / kg molybdenum between Rotterdam will continue to maintain the local 75 -76 dollars / kg molybdenum, free market in the United States has remained stable at 36 -38 dollars / pounds of molybdenum, China's export ferro molybdenum prices remain 76 -77 dollars / kg molybdenum, molybdenum oxide, fluctuations in the European market in 33 .5-34 U.S. dollars / pounds of molybdenum, in the United States market rose to 33-35 U.S. dollars / pounds of molybdenum.
Molybdenum on the overall market situation, the international market temporarily unable to give domestic support and market driven, and the domestic market due to more intrinsic factors, the market is weak, and some confusion, If some policy uncertainties, the market's direction will more easily grasp!

1 comment:

Unknown said...

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