Molybdenum Market Report December 2015
2016-02-01 10:06:58 【Print】
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Limited by the fact that only small number of molybdenum concentrate producers were in operation and that certain large molybdenum concentrate producer who halted production in late November has still been in suspension in December, Chinese molybdenum concentrate supply has been relatively tight in the last month of 2015, and prices thus rebounded by small scale, which directly pulled up the prices for ferromolybdenum, molybdenum oxide and molybdenum chemicals, with more inquiries from customers in comparison with those of November
. But the prices for molybdenum products were generally stable with only some molybdenum powder producers raising quotations . However, impacted by the poor demand, the price increase for the molybdenum market was quite limited . Presently, consumers are still quite cautious about purchasing and only buy the material in small volume and mostly on demand . Producers generally hold negative attitude toward the future market in spite of the higher prices.