Monthly Molybdenum Market Report Jan 2021
2021-02-05 08:05:16 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
In January, domestic molybdenum market keeps quiet. Due to the coming Chinese New Year, most steel mills finished their last purchase and the market demand start to reduce. The soft demand market could hardly support market increasing. Molybdenum prices stay in a stalemate and insiders hold watching attitude for the market tendency.
In international market, end consumers only purchase according to need and the market stays quiet. Though traders kept trying to increase their prices, few end consumers follow up. However, most insiders still hold optimistic attitude for the market tendency.
In January, domestic molybdenum market keeps quiet. Due to the coming Chinese New Year, most steel mills finished their last purchase and the market demand start to reduce. The soft demand market could hardly support market increasing. Molybdenum prices stay in a stalemate and insiders hold watching attitude for the market tendency.
In international market, end consumers only purchase according to need and the market stays quiet. Though traders kept trying to increase their prices, few end consumers follow up. However, most insiders still hold optimistic attitude for the market tendency.
