Monthly Molybdenum Market Report Jul 2021
2021-08-12 18:07:28 【Print】
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1. Market Highlights
In July, as most raw material suppliers hold back from selling, molybdenum concentrate 45%min prices moved up slightly. At the same time, steel mills' traditional slack season shows no sign of weakening demand, and ferromolybdenum 60%min prices increased. Most insiders hold optimistic attitude for the market tendency.
In international market, as inquiries increased, molybdenum oxide and ferromolybdenum prices both moved up slightly. However, in view of the summer holidays, most insiders hold watching attitude for the market tendency.
In July, as most raw material suppliers hold back from selling, molybdenum concentrate 45%min prices moved up slightly. At the same time, steel mills' traditional slack season shows no sign of weakening demand, and ferromolybdenum 60%min prices increased. Most insiders hold optimistic attitude for the market tendency.
In international market, as inquiries increased, molybdenum oxide and ferromolybdenum prices both moved up slightly. However, in view of the summer holidays, most insiders hold watching attitude for the market tendency.
