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This week , molybdenum market activity is relatively low, The tender of steel mill is not active, . The price of molybdenum iron has dropped slightly.The activity of molybdenum concentrate market is also relatively low, most producers chose to keep watching on the market with few deals being concluded.
Moly concentrate market remained steady
This week, Jilin, Inner Mongolia, Shanxi, Hunan, Fujian and other mines have appropriate sales , transactions are mainly long orders, the bulk market transactions are small, the transaction price is remained stable. At present, molybdenum concentrate shows a situation of weak supply and demand. Most manufacturers indicat that the spot cargoes is less, and no rush to sell ,and the downstream buyers are also relatively cautious, and the actual market transactions are not much. the price of 45-50% moly concentrate is RMB1890-1920 / mtu , and 40-45% of bulk molybdenum concentrate bargaining is RMB 1860-1890 / mtu , and a small number of low-grade molybdenum concentrates have been traded in cash RMB 1840-1850 / mtu , the overall transaction is not active, and the demand has yet to be released.
The Molybdenum demand is expected to be released
This week,Tenders from steel makers was scarce , With the purchase price of some steel makers breaking through RMB 130,000/ mt, the pressure of the ferromoly market gradually became obvious, and the profit margin of the molybdenum producers was or will gradually strengthen ,participants pay more attention to steel producers purchasing in the second half of the month.
At present, the mainstream quotation of first-class ammonium moly is RMB 130,000-132,000 / t, and the main domestic price of first-grade molybdenum powder is RMB 260,000-265,000 / t. The manufacturer's quotation is firm, the downstream manufacturer's cautious mentality is obvious, and the purchasing enthusiasm is not high. The domestic molybdenum chemical and molybdenum products market is stable basically, the market is expected to continue the deadlock situation . |
