Historic low molybdenum time to get rid of winter yet

 2013 年 7 月 17 日 SMM recent years, the domestic molybdenum prices have ups and downs, but the overall price trend concussion. Since the 2008 global financial crisis, molybdenum prices low DECADE.As of the 16th, the domestic content of 45% molybdenum's latest offer is about 1400 yuan / ton level, when compared with the beginning dropped by about 10 percent, fell in August 2012 historic low levels, compared with 2005 high shrink about 80 %.
According to the Shanghai Metals Market (SMM) research to understand, from mid-2012 onwards, Shaanxi, Henan, Liaoning and other companies have discontinued the main producing molybdenum insured, but the actual effect is very unsatisfactory and only in December 2012 to 2013 February, the market price due to supply reduction and steel procurement and rebound.
At present, the Shaanxi region has ore mining scale enterprises can be molybdenum (content 45%) of production costs at 1500 yuan / ton degrees nearby, and some small businesses, low-grade ore, production costs at 1600 yuan / t degrees.Below the cost line of the grim situation to make the industry initiative to stop the resurgence of the wind.
Insiders believe that the leading precious metals price trends of the industry supply and demand pattern.  Prolonged downturn in the domestic steel industry in recent years, steel mills bidding prices down, as the charge of molybdenum steel product prices spread to the upstream industry chain, also involving molybdenum prices continue downward.
Looking ahead, molybdenum plating prices have fallen below the cost, but not to force the end demand, despite the supply reduction, but still difficult to translate into significant support price, it seems sluggish performance or molybdenum prices this winter will continue to