External emergent rally, boosted by internal business

Molybdenum market: Today, in the external and internal markets rebounded very price merchants such support, the positive trend in prices of molybdenum products, 30-38% of low-grade Molybdenum crucible concentrate prices in 1330-1380 yuan / ton degrees; typical, 40 - 45% molybdenum mainstream price 1360-1300 yuan / ton level, 45% molybdenum mainstream price 1380-1400 yuan / ton, high grade of 47% or more molybdenum mainstream price 1400-1430 yuan / ton degrees nearby . LUANCHUAN certain businesses, said product prices low, the venue up businesses eager hope, positive outgoing external and internal business very strong psychological price, some manufacturers offer 1400 yuan 45% of molybdenum / ton degrees, it is difficult to find low-priced have sources.
Ferro molybdenum market: the same external markets and raw materials received strong impact on market prices, some manufacturers of timely follow-up of ferro molybdenum, ferro molybdenum improve external offer. Currently 60 mainstream molybdenum prices remained at 9.5-9.7 yuan / ton near mainstream acceptance 9.7-10 yuan / ton, the business mentality differences, some manufacturers offer temporarily maintain the original level, and continue to wait and see, so Exchange quotations gap. A manufacturer said that the current transaction and inquiry are no signs of improvement, but highlights some manufacturers price increases very price motivation, need to continue to observe the trend of late.
July 26 LME molybdenum futures quotes insisted downward fluctuations, in March of molybdenum offer 19,300 (down 200) / 20300 (down 200) dollars / ton; 15-month molybdenum offer 20,000 (down 200) / 21000 (down 200) U.S. dollars / ton, LME molybdenum positions of 216 hands. Today newsletter: Midwest looking speed highway construction, urban clusters of rural roads into focus; China Audit: the first time to conduct a comprehensive audit of government debt; Federal Reserve meeting on interest rates this week, the market is expected in September QE will shrink.