The product price of the product series is increased, and the elasticity of the company concentrate is the largest
On January 10 th, the price of molybdenum series products accelerated on the whole line. Among them, the price of waste Molybdenum wire rose 15 yuan / kg to 142 yuan 147 yuan / kg, and the price of waste pure Molybdenum rose 17 yuan / kg to 149 yuan / kg, up more than 11%. The price of Molybdenum concentrate (45 per cent) rose 50 yuan per ton to 1545 yuan per ton, an increase of 3.3 percent, up 53.7 percent from the low in June last year. The price of ferro-molybdenum rose 1500 yuan / ton to 107500 yuan / ton, up 49 percent from the low in June last year. In recent years, the accelerated withdrawal of small and medium-sized mines and high-cost mines has led to a significant increase in industry concentration, coupled with environmental protection and high pressure, resulting in a shortage of Molybdenum concentrate supply. At present, the price of Molybdenum raw materials in the world continues to rise, and the import price is much higher than that in China, so it is difficult to alleviate the situation of replenishment in domestic factories. It is expected that the price of Molybdenum concentrate will continue to rise in the near future. The downstream demand of Molybdenum metal includes stainless steel (22%), engineering steel (41%), special steel (8%) and so on. The demand end is highly related to iron and steel output, and the recovery of downstream demand leads to the upward price of related products. The price of Molybdenum continues to rise, and the integrated production enterprises of low cost Molybdenum concentrate benefit the most.
