Just need to continue to enter the market Molybdenum ferromolybdenum prices continue to rise

Terminal large steel mills have entered the market, Baosteel molybdenum iron bidding price rose to acceptance of 178,000 yuan, factory quotations continued to rise, today's molybdenum iron mainstream quotation 178-182,000 yuan / ton, bulk goods locally launched a small number of transactions.

Factory orders are abundant, while steel mills continue to enter the market to purchase, molybdenum iron supply is in short supply, factories generally low prices are reluctant to sell. There is not much supply in the bulk market, and most traders gradually consume inventory as prices rise, leaving little to hold.

Traders are mainly high-level shipments, because of the long delivery time of the factory, so most of the high-level reluctance to make up the position, some back-to-back operations. However, the terminal just needs to be stable, the domestic supply is tight, and the market situation remains stable.

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