Search
您现在的位置: 亿览网 >> English >> W >> News >> 正文
Market Analysis after the Dragon Boat Festival
   Hits:   UpdateTime:2015-6-23 10:58:21
Keyword:tungsten
Elan Website Press:

  June has approached its end. Though El Nino makes the summer hotter, but the situation of molybdenum market makes the heart of participants cold. As the "winter" of steel market is going to last a long time, the tender from steelmakers further push down the price of ferromoly.

  Last week, moly market both at home and abroad falls due to weak demand and pressure from enterprises, etc. The support for price is greatly seriously in trouble, and the confidence is running off all around.

  The domestic inquiries behaves alright last week with a few deals concluded slowly, especially the moly concentrate. However, a steel mill accepts a tender with lower price week to week, forcing the general ferromoly market down again. Now, the main offer of moly concentrate is about 1000-1040 RMB/mtu, and ferromoly 71000-73000 RMB/mt, and the actual concluding price is at the lower range.

  The international market is also pessimistic, and the price continues to fall after breaking $7/lb level with few deals concluded. According to sources, the confidence of participants is greatly shaken, and most traders choose position of wait-and-see.

  After the dragon boat festival, the domestic moly market enjoys the peace at the surface. Influenced by the downward pressure from ferromoly market, the downstream replenishment is going slow again. As the end of the month approach, participants may actively offer materials, which push down the price futher.

  After breading the $7/lb price level, the international market experience a small scale panic, which starts to spread to other sectors. At present, the decline of international moly market experience acceleration, breaking historical record low, or forming a stalemate situation. As the market looking for new breaking point, the lack of demand still dictate the general trend, which may do little good after all.

  One of the great factor influencing the moly market is pressure from steel market. Under the general economy of oversupply, the demand and supply relation of molydenum losts its balance. The falling of price can hardly stop. Therefore, the price at home and abroad may experience adjustment further, with little positive reverse seen then.

Related Links
Molybdenum continues to slip on poor sentiment, low demand
TAPPED IN - the ores and alloys blog: The changing face of t…
Global Tungsten and Powders acquires Tikomet
Tungsten Concentrate Price Is Stable
Gross Tungsten Sand Supply Is Tight in Hunan Province
APT lowest traded price is 126 000yuan/ton, manufacturers ma…
Nickel Market Situation on 5.7
Tungsten Market Situation on 5.7
Mo more>>
Tungsten Concentrate Ore Price Guide, …
Ferrotungsten Price Guide, June 19th
Sodium Tungstate Price Guide, June 19t…
APT Price Guide, June 19th
Tungsten Oxide Price Guide, June 19th
Tungsten Powder; Tungsten Carbide Powd…
Tungsten Materials Price Guide, June 1…
Alloy and Waste Price Guide, June 19th
Wu more>>
Market Analysis after the Dragon Boat …
Molybdenum continues to slip on poor s…
China's removal of moly export tax…
Tungsten Concentrate Ore Price Guide, …
Ferrotungsten Price Guide, June 23th
Sodium Tungstate Price Guide, June 23t…
APT Price Guide, June 23th
Tungsten Oxide Price Guide, June 23th
V more>>
July 20th Market price  of  v2o5 basis…
Jul 20th Market price of Ferro-vanadiu…
Jul 6th Market price of Ferro-vanadium…
July 6th Market price  of  v2o5 basis …
Jul 1th Market price of Ferro-vanadium…
Jul 5th Market price of Ferro-vanadium…
July 5th Market price  of  v2o5 basis …
Jul 2th Market price of Ferro-vanadium…
Gr more>>
September.14 Market Price for extra-lo…
September.14 Market Price for Crome Or…
September.14 Market Price for high car…
September.14 Market Price for medium c…
September.14 Market Price for low carb…
September.13 Market Price for extra-lo…
September.13 Market Price for Crome Or…
September.13 Market Price for high car…
Fesi more>>
TITANIUM PRODUCTS PRICE LIST(July 29,…
ferrosilicon market is expected to reb…
Chinese FeSi export prices drop in wea…
Aoyama Brand ferrosilicon for the firs…
Jul 5 Realized Price of FeSi72-C in  C…
China Steel Association: U.S. interven…
Domestic ferrosilicon continues to dec…
Hubei focused on  eliminating backward…
Mn-alloy more>>
Feb.28 Market price of SiMn in China
Feb.25 Market price of SiMn in China
Feb.24 Market price of SiMn in China
Feb.23 Market price of SiMn in China
Feb.22 Market price of SiMn in China
Feb.21 Market price of SiMn in China
Feb.18 Market price of SiMn in China
Copyright 2008, All Rights Reserved, www.comelan.com
The information/statistics contained on our site is for reference only, your use of the information/statistics
contained on our site is at your sole risk and responsibility.
Tel:010-64891800 Fax:010-64892212 E-mail:comelan@comelan.com