Is The Price Of Mo Down Today?

2024-01-05 18:05:21

Is The Price Of Mo Down Today?

May 27, 2019

    At the beginning of the week, the domestic molybdenum price market was stable, the international molybdenum price stagnation market and the pressure of the new round of bidding by domestic mainstream steel mills had some loose influence on the middle smelter, and the market cautiously waited and operated. 

Market conditions

    In the molybdenum concentrate market, the release of mine production capacity is slow, and the holders are still more willing to keep the price tight. The raw materials are difficult to find, and the transaction is relatively stable.

    In the ferromolybdenum market, the price of bidding for steel mills decreased last week, causing enterprises to be cautious about terminal demand and peripheral trade environment. The market is eager to buy and buy around; in the molybdenum chemical and product market, the raw material molybdenum market The dependence is higher, the price support products are temporarily stable, and the chemical products trading is relatively stable. However, the demand for product companies is not clear, and the wait-and-see attitude is the main business.