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The molybdenum concentrate fell to a record low winter time yet to get rid of

Release time:2018-03-22Author:Click:390Font size:BigMidSmall

In recent years, the price of molybdenum concentrate in China has been in volt, but the overall trend of the price is low. Since the global financial crisis in 2008, the price of molybdenum concentrate has been low and low. As of 16 days, the latest price of domestic 45% molybdenum concentrate was about 1400 yuan / ton, which dropped by about 10% compared with the beginning of the year, and fell to the lowest level in August 2012. It shrank by 80% compared with the 2005 high.
From the middle of 2012, enterprises in main producing areas such as Shaanxi, Henan and Liaoning stopped production and insured their prices, but the actual results were quite unsatisfactory. Only December 2012 to February 2013, market prices rebounded due to reduced supply and steel mills procurement.
At present, the production cost of molybdenum concentrate (content 45%) is controlled at 1500 yuan / ton in Shaanxi area, and the cost of production is 1600 yuan / ton. The serious situation that has fallen through the cost line has made the industry's active shutdown again.
People in the industry believe that the trend of leading rare metals is the supply and demand pattern of the industry. In recent years, the domestic steel industry has been in a recession for a long time. The bidding price of the steel plant has been reduced, and the price of molybdenum products as a steel burden has spread to the upstream of the industrial chain, and the price of molybdenum concentrate is also decreasing.
Looking ahead, the price of molybdenum concentrate has dropped the cost line, but the terminal needs to suck, while reducing the supply, but still difficult to translate into price support seems obvious, molybdenum concentrate price downturn or will continue into the winter this year.
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