Monthly Molybdenum Market Report Dec 2017
2018-01-15 19:08:14 【Print】
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1. Monthly Highlights
During December, both the international and Chinese molybdenum markets witnessed continuously improving transactions, with prices going up to a new high within this year. In the international market, prices hit a new high and then gradually showed stabilizing signs; and in the Chinese molybdenum market, boosted by high quotations from molybdenum concentrate mines, product prices for all varieties in the molybdenum chain moved upward, and in particular prices for ferromolybdenum rose most rapidly and most ferromolybdenum producers began to hold back from selling. The year of 2018 was ushered in with excellent achievements in the molybdenum market.
During December, both the international and Chinese molybdenum markets witnessed continuously improving transactions, with prices going up to a new high within this year. In the international market, prices hit a new high and then gradually showed stabilizing signs; and in the Chinese molybdenum market, boosted by high quotations from molybdenum concentrate mines, product prices for all varieties in the molybdenum chain moved upward, and in particular prices for ferromolybdenum rose most rapidly and most ferromolybdenum producers began to hold back from selling. The year of 2018 was ushered in with excellent achievements in the molybdenum market.
