das hört sich gut an.....lesen und .... ;-)
THX to schnucksche :-)
das könnte nen turbo zünden *freu*
mfg
me
Ryan\'s Notes Feb 16/07
Moly Prices Bump Up Another Notch:
Moly prices bumped up a notch late last week. Even with a
lull in consumer buying early in the week, sellers were fairly
certain that there was more pressure on the up side than on
the down side. Their instincts turned out to be right, although
several admitted that they were not at all certain why prices
had strengthened.
Sales of moly oxide were done in the US and Europe at
$25.40 per lb, but a few days later, a German mill reportedly
paid $26.40 per lb for briquettes, and traders said they
were unable to buy oxide below $26 .
Western ferromoly prices inched up to $62-63.50 per kg. Traders said they had raised their FeMo prices to $64-64.50, but no sales were confirmed: at the higher level.
In the US, there is no resistance to FeMo prices at $28.50 per lb.
Looking for explanations for the price firmness, sources
noted that Chinese suppliers were not offering any material.They dismissed the notion that the Chinese had pulled away
from the market because of the Chinese New Year starting
on Feb. 18. "If they wanted to sell, they would find a way to
sell even with the holiday," said a trader. Probably more of a
factor than the Chinese New Year is the uncertainty about the
export quotas and the possibility of increased export taxes.
The export quotas will probably be imposed in March, a
source said, but he does not expect export taxes to rise. Many
trading companies are assuming that the export quotas will
not apply to exports of oxide or FeMo that they have contracted
to have toll roasted and converted from Western concentrates
in China. Fairly large quantities of concentrates
have been shipped to China for conversion to oxide and
FeMo, sources note.
Tight market conditions have led some people to believe
that there could be a roasting bottleneck in China, although
other sources said they saw no evidence of this. Oxide is
more available than FeMo, and FeMo continues to be
extremely tight in the US. "If a US consumer needs to buy
FeMo in the next two weeks, he is going to have a pay a
hefty premium," said a supplier.
Stainless steel demand for moly remains unusually strong
in Europe, while demand from the catalyst sector in the US
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