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The tender price of ferromoly in steel market has dropped recently , and the ferromoly manufacturers has also slowed the purchasing of raw materials. The molybdenum market is not active recently , and transactions are relatively few.
Recently molybdenum concentrate long -term order has been launched, bulk market transactions are less, the market shows less supply and demand situation.Manufacturers say there is less stock and no rush to sell. the actual market transactions are not much .40-45% bulk molybdenum concentrate bargaining is concentrated in 1860-1890 yuan / ton degree. On the whole , molybdenum concentrate needs to continue to release.
According to our incomplete statistics, by this month, the domestic mainstream steel mills have tenders more than 2400 tons of ferromoly, and the tender price of a Jiang su steel plant has been announced as RMB129,000 /m t of half cash and acceptance. the bid price of some steel mills is below RMB130,000 / m t, and the actual transaction is still to be verified.
The tender of Steel market is weak, the mainstream molybdenum iron producers also adjust their quotations appropriately, the price quoted by large manufacturers is mainly concentrated in RMB130,000-133,000 / m t. Companies said prices are high, but the market is not much buying, trading in the current offer is near the low price.
In the short term, the moly iron market shows a steady and weak trend, while the raw material support is still relatively obvious, the low price is difficult to get, the profit margin of the ferromoly manufacturers is constantly compressed, the market mood may be strengthened , and still need to focus on the situation of purchasing enter into the market.
The domestic molybdenum chemical and molybdenum products market is stable basically , the market is still not active . At present, the main price of first-grade ammonium molybdate is RMB130,000-132,000 / t, and the main domestic price of first-grade molybdenum powder is RMB260,000-265,000/m t.The actual transaction began slowly. |
