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US non-farm employment data in June will be released today. Base metals, crude oil and precious metals closed with losses overnight, meaning mounting short momentum. Base metals may extend losses today.

[Ferro-Alloys.com]In May 2016, China exported 42,000 kg Ferromolybdenum. In the first May months of 2016, China totally exported 212,590 kg Ferromolybdenum, and China exported 4,930 kg to North Korea, and 6,000 kg to Malaysia, and 20,000 kg of Ferrovanadium to...

Base metal market should continue diverging trend on Wednesday with eyes on US API and EIA reports and US annualized PCE core price index.

[www.ferro-alloys.com] The nickel ore price maintains a stable trend this week. The manufactures said that the transaction price of Ni1.5%CIF is $29.5/MT in Tianjin port.

Market will eye Germany June IFO index and University of Michigan’s consumer confidence index today. Result of UK referendum, due for release in the afternoon, will come under the spotlight.

[www.ferro-alloys.com] As of today, International Molybdenum Market was affected by China’s market, and price trends declined slightly, and the price of actual transaction continued to fall, but the mainstream price of molybdenum was’t obvious.

Manufacturing PMIs from western economies for May will come under the spotlight this week. “Black swan” events may occur, including semiannual financial report by US Fed head Janet Yellen and referendum on UK exit from the EU, which will intensify risk avers...

Manufacturing PMIs from western economies for May will come under the spotlight this week. “Black swan” events may occur, including semiannual financial report by US Fed head Janet Yellen and referendum on UK exit from the EU, which will intensify risk avers...