ein Posting von Schnucksche. Vielen Dank dafür.
Und hier die Bestätigung:
Ryan\'s Notes: Feb. 26/07
Moly Prices Rise Higher
Just as the moly sellers were preparing yet again for prices to
gradually drift downward, prices have revived on active buying
interest, primarily in Europe. At the start of the week, a
source said that he had roughly 240 mt of inquiries for early
March and April.
Producers and converters report that they are well sold and
unable to quote on all the inquiries they had received. "Too
many consumers are buying on a hand-to-mouth basis," said
one seller. "The result is that they are scrambling to find
material."
Ferromoly sales for early April were booked at $66 per kg.
Traders said that they were being bid by other traders at $66.
One trader reportedly paid $68 per kg, duty paid, and was
hoping to sell at $70. Even so, there were some signs of profit
taking, with FeMo sales done at $64 and at $63.50. By
Feb. 23, some traders had lowered their price ideas.
Oxide prices also jumped upward. A buyer made a purchase
of two truckloads at $25.75 per lb and a few days later
paid $26.60 for another two trucks. A trader reported selling
briquettes at $26.35 early in the week, and a European mill
paid $26.70 for briquettes at the end of the week. Chinese
suppliers raised their prices to $26.80-27.
The US market has been quiet in comparison to Europe,
but there is a sense that material is equally tight there. Oxide
sellers have raised their asking prices to $26, and everyone
is holding out for $29 per lb for FeMo. More sellers are quoting
on oxide tenders than in Europe, and as a result, several
truckload sales of oxide were booked in the US at $25.75.
Western producers are well sold for March and April and are
selectively quoting on spot inquiries. Certainly, they are not
selling to the trade.
As to why prices have strengthened, market sources suggest
that the explanation is simply tight supplies and strong
demand across all sectors. They dismiss the idea that prices
have been influenced by Chinese suppliers being on vacation
for the Chinese New Year. Even with the Chinese returning
to work this week, market sources do not expect material to
become more available or prices to moderate.
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