8th World Antimony Forum

TBD
Guiyang, Guizhou, China

12th Rare Earth Summit

TBD
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

TBD
Hangzhou, Zhejiang, China

9th Magnesium Summit

TBD
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

TBD
Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

Japanese ferromolybdenum market seeing marginal price increase

2014-10-15 11:20:57   【Print】
BEIJING (Asian Metal) 15 Oct 14 - Having stopped falling on Monday when participants were observing a National Holiday, Japanese ferromolybdenum 60%min market firmed Tuesday with converters confirming material delivery prices at USD24.Asian Metal Copyright Molybdenum oxide price was confirmed Tuesday at USD9.Asian Metal Copyright2-24.5/kg Mo d.Asian Metal Copyright,” said the source confirming scheduled delivery at USD24.Asian Metal Copyrightd.Asian Metal Copyrightd.Asian Metal Copyrightp.Asian Metal Copyrightp.Asian Metal Copyright; thus representing a marginal price increase of about USD0.Asian Metal Copyright Molybdenum oxide price was confirmed Tuesday at USD9.Asian Metal Copyright3-0.4/kg Mo d.Asian Metal Copyright25kg Mo d.Asian Metal Copyrightd.Asian Metal Copyright; thus representing a marginal price increase of about USD0.Asian Metal Copyrightp.Asian Metal Copyright since last Friday.Asian Metal Copyright since last Friday.

An official of a converter described domestic demand for ferromolybdenum 60%min as being stable and that the price rise would not affect scheduled delivery. “Demand is stable and predictable but production and sales costs are not,” remarked the source and confirmed operational activity on schedule to producing 200t this month.

Another converter corroborated the market trend and opined the price could begin to rise now as more end-users return for purchases in international markets, which would have positive price effect on the domestic market. “The market is a little firmer about USD0.25/kg Mo d.Asian Metal Copyrightd.Asian Metal Copyrightd.Asian Metal Copyright25-9.Asian Metal Copyrightp.Asian Metal Copyright Another converter corroborated the market trend and opined the price could begin to rise now as more end-users return for purchases in international markets, which would have positive price effect on the domestic market.Asian Metal Copyright,” said the source confirming scheduled delivery at USD24.25/kg Mo d.Asian Metal Copyrightd.Asian Metal Copyrightd.Asian Metal Copyright3-0.Asian Metal Copyrightp..

Molybdenum oxide price was confirmed Tuesday at USD9.25-9.45/lb and converters believe the price will rise further in line with international market trend and, therefore, cargoes arriving Japanese ports this week could have different delivery prices depending on what weighted average price formula is used for such cargoes.

And on the future trend, converters expect to increase output for November and whilst one expects 30t increase from this month’s projected output of 180t, another is aiming for 250t for November but these increases are to come from special orders.Asian Metal Copyrightd.Asian Metal Copyright

Molybdenum Oxide

57%min In port India

Unit:USD/lb
China's ferromolybdenum producers' sales to production ratio statistics by province by month
Unit: %