The price of tungsten is mainly stable, and some parts are firm, mainly due to the holiday approach and the suspension of logistics, the overall market transactions are suspended, and the sentiment of the holders’ offers continues to rise. The state of domestic price but no market is becoming more and more prominent, and the situation of consumers entering the market in the high-level wait-and-see market outlook is becoming more and more prominent.
On the macro front, the central bank pointed out that my country's inflation level will remain moderate in 2023, but at the same time, attention should also be paid to the potential for a rebound in inflation. In the short term, inflationary pressures are controllable; in the medium and long term, uncertainties in price trends still exist, including the lagging effect of money supply on prices, aggregate demand tends to heat up, and imported pressures.
Molybdenum Market Quotes
The overall domestic molybdenum market maintains a high level and stable operation. With the increasingly strong atmosphere of the Spring Festival, the enthusiasm of upstream and downstream enterprises in the industrial chain to enter the market has declined slightly, so that the price of molybdenum concentrate, ferromolybdenum, molybdenum powder, and other molybdenum products has been hindered from rising again. and reduced turnover.
From the perspective of the supply side, one is that the Spring Festival is approaching, the pressure on environmental protection has increased, and the output of many molybdenum manufacturers has decreased. In addition, the original spot inventory is not much, so there is no rush to ship in recent days; (6.73) decreased slightly, but because the international molybdenum price is still at a relatively high level, domestic imports of molybdenum raw materials are still limited.
From the perspective of demand, although most steel enterprises and end customers have completed their procurement plans ahead of schedule, they are affected by factors such as the low spot supply in the market and the good development of molybdenum downstream industries.
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