Monthly Molybdenum Market Report Aug 2021
2021-09-12 21:14:31 【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 August, as most raw material suppliers hold back from selling, molybdenum concentrate 45%min prices moved up gradually. At the same time, due to the strong demand from end consumers, ferromolybdenum 60%min prices increased accordingly. Downstream molybdenum producers had strong intention to increase their prices and the whole molybdenum market mentality kept going strong.
In international market, as inquiries increased, molybdenum oxide and ferromolybdenum prices both moved up a lot. However, as major end consumers stayed in summer holidays, most insiders still hold watching attitude for the market tendency.
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In August, as most raw material suppliers hold back from selling, molybdenum concentrate 45%min prices moved up gradually. At the same time, due to the strong demand from end consumers, ferromolybdenum 60%min prices increased accordingly. Downstream molybdenum producers had strong intention to increase their prices and the whole molybdenum market mentality kept going strong.
In international market, as inquiries increased, molybdenum oxide and ferromolybdenum prices both moved up a lot. However, as major end consumers stayed in summer holidays, most insiders still hold watching attitude for the market tendency.
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