Monthly Molybdenum Market Report Sep 2021
2021-10-25 08:46:06 【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 September, stainless prices move up a lot due to the production reduction from most steel mills, which offered great support for molybdenum price. However, steel mills' bidding volume didn't show a good performance, and prices of the whole molybdenum market dropped a lot. Most insiders hold weak market attitude.
In international market, as inquiries stayed rare and the market showed sufficient supply, both molybdenum oxide and ferromolybdenum prices dropped gradually. Most insiders hold watching attitude for the market.
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In September, stainless prices move up a lot due to the production reduction from most steel mills, which offered great support for molybdenum price. However, steel mills' bidding volume didn't show a good performance, and prices of the whole molybdenum market dropped a lot. Most insiders hold weak market attitude.
In international market, as inquiries stayed rare and the market showed sufficient supply, both molybdenum oxide and ferromolybdenum prices dropped gradually. Most insiders hold watching attitude for the market.
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