Molybdenum Market Report May 2015

Chinese molybdenum market saw lower prices in May.Asian Metal Copyright As downstream steel mills reduced consumption volume of ferromolybdenum and pressed bidding prices, domestic ferromolybdenum prices were on the decline.Asian Metal Copyright As downstream steel mills reduced consumption volume of ferromolybdenum and pressed bidding prices, domestic ferromolybdenum prices were on the decline.Asian Metal Copyright As downstream steel mills reduced consumption volume of ferromolybdenum and pressed bidding prices, domestic ferromolybdenum prices were on the decline.Asian Metal Copyright At the same time, suppliers faced big funding pressures and had to lower their offers to promote sales.Asian Metal Copyright At the same time, suppliers faced big funding pressures and had to lower their offers to promote sales.Asian Metal Copyright Many traders in the international market were pessimistic about the future market and in a strong mind to sell out their materials.Asian Metal Copyright It is predicted that the molybdenum oxide prices will decrease to USD7lb in June.Asian Metal Copyright As a result, the international molybdenum prices will continue to decrease in the future. It is predicted that the molybdenum oxide prices will decrease to USD7/lb in June.

.Asian Metal Copyright At the same time, suppliers faced big funding pressures and had to lower their offers to promote salesAsian Metal Copyright