酸菜

China to Restrict Molybdenum Exports

By David Harman
12 Mar 2007 at 10:17 AM GMT-04:00


SHANGHAI (Interfax-China) -- China plans to introduce a quota system for molybdenum product export in order to conserve strategic mineral reserves, an analyst surnamed Yang with the China Metals Information Network Antaike, told Interfax today.

Yang estimated that the quota system will come into effect by either the end of this month or the beginning of April, as the government has not yet finalized quota limits for producers and traders.

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In November 2006, RI reported that China had imposed an export duty on molybdenum oxide and ferromolybdenum of 10%.

China\'s molybdenum product export is set to decrease by 10% and export permission will only be granted to exporters with an export volume of over 3,000 tonnes in the last three years and traders in at least 1,000 tonnes in the past three years, according to China Nonferrous Metals News. Molybdenum exporters must also have a registered capital of at least RMB 100 million ($12.91 million).

Molybdenum is mainly used as an alloy to strengthen iron and steel, increasing the melting point and enhancing resistance to corrosion. The USGS puts the world moly resources at 19 million tonnes, with China accounting for 8.3 million tonnes.

International molybdenum prices have reached $80 per kilogram, up $20 from before the Spring Festival, while the domestic price has remained relatively low, Yang said.

Ferromolybdenum FOB price is currently $69-$72 per kilogram. In the past 15 years, the price of molybdenum has been as low at $1.82/lb and as high as $40/lb. Today\'s price in pounds is about $28/lb.

Commentary

Molybdenum and related products have obviously seen a massive increase in demand in China over the past few years in line with the growth of the steel industry. Perhaps even more so in the past two years, considering China\'s increased output of high-end finished steel product and demand from the energy sectors.

China already has export restrictions in place by way of levies on ferromoly and moly-oxide. Nevertheless, with domestic demand showing little sign of peaking, China needs to protect its resources. These additional measures, and the resultant reduction in export forecasts, may further enhance the current bull market.

© Interfax-China 2007


der Molypreis ist auf über 30 gestiegen

看来中国刚修理完世界金融市场,现在又开始整顿世界原材料市场了.


[ 本帖最后由 酸菜 于 2007-3-12 20:29 编辑 ]

酸菜

虽然我从没怀疑BP的潜力,但是它这样上上下下的也够磨神经的, 希望这次能破了前一高10,47!!!!

水之恋

感觉是有点急不可耐  应该是这几天股评强力推荐的作用吧，东京这次会议的作用挺大

酸菜

涨的有点太快了

snowgirl

已经开始反弹了么？ 还是短暂的一个小反弹？还想进些bp呢！是不是要再等等看呢？请大家多多指教， 多谢！
有酸大的推荐，总觉得买bp踏实。



涉手股票一个月，每动一步，都充满了疑虑和胆战心惊，并且初入战场就遇到了这次大盘调整，怎一个“紧张”了得！奈何啊，时间，没有！

三分不进

喜欢张曼玉～～～

onestone

找到了, 谢谢!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


对了,我不叫一石啊, 翻译成德语是Einstein, 再翻译成中文叫爱因斯坦....

酸菜

http://www.comdirect.de/index.html?gourl=http://coma.comdirect.de/cms/direct/cori1530_brand_start.cml

图上面有个框, 里面有时间估价等等,有个选择(关于股市, 选TOROTO就看到加拿大BP的情况了)

酸菜

在最左上有KURSSUCHE, 输入A6R,就打开关于BP的一页

onestone

原帖由 酸菜 于 2007-3-6 19:32 发表
一石, 你不是COMDIRECT吗? 选下股是就好了吗

怎么选啊, 我好笨啊, 选来选去就没找到加元的,