Molybdenum iron price high consolidation lead time affects the price  

Recently, the price of molybdenum iron steel is uneven, the local price has declined slightly due to delivery time and other reasons, the market mentality has been affected, some traders have quoted shipments, molybdenum iron prices are high consolidation, today's website reference quotation (-0.1) 19.4-19.8 million yuan / ton.  

The bulk market is actively offered, and the cash source of local small factories is 192,000-193,000 yuan / ton with a small number of transactions, and the supply is limited. The bulk market quotation of the factory maintains cash 195,000-196,000 yuan / ton, and the current supply of goods before early October is very limited, and the factory has generally arranged orders.  

The price difference of steel strokes is obvious, but this is mainly affected by the delivery time. Yesterday, a steel mill in Shandong Province tendered for 191,000 yuan / ton of ferromolybdenum cash, with a delivery date of early November. Zhangjiagang Pohang tenders molybdenum iron half cash and half three-month acceptance of 193,500 yuan / ton, delivery time near mid-October. Shougang tendered for molybdenum iron acceptance of 196,000 yuan / ton, October 1 delivery.  

After the market is stable at a high level, the profit offer increases, the bargaining space is relatively obvious, and the near-futures source of the molybdenum iron market is still relatively limited. Some enterprises are worried that some small and medium-sized mines during the 20th National Congress may stop production for a short time due to explosives control, but most of the large and medium-sized state-owned enterprises and central enterprises and other mines reserve explosives or ore in advance, and the supply of molybdenum concentrate in October is expected to be reduced by a small amount. Under the pressure of terminals and the game of supply and demand, the molybdenum iron market has recently consolidated at a high level.  

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