Molybdenum Market Report November 2015

The Chinese molybdenum market moved down marginally in November with transactions sporadic as producers started to gradually reduce their inventories.Asian Metal Copyright As demand for molybdenum chemicals continued to decrease, producers had difficulty in selling the material and generally held a large amount of stocks.Asian Metal Copyright Chinese ferromolybdenum prices continued to drop slightly, but the decline was limited, constrained by production costs.Asian Metal Copyright Chinese ferromolybdenum prices continued to drop slightly, but the decline was limited, constrained by production costs.Asian Metal Copyright At present, there are signs that demand for ferromolybdenum from steel mills will weaken further.Asian Metal Copyright Prices for molybdenum products also went down marginally, andit became more apparent that downstream demand would remain relatively weak, but producers of molybdenum products obtained better profit margins when compared with upstream producers.Asian Metal Copyright Molybdenum concentrate prices held steady on the whole and producers faced little stock pressure at the end of the month.Asian Metal CopyrightThe Chinese molybdenum market moved down marginally in November with transactions sporadic as producers started to gradually reduce their inventories.Asian Metal Copyright Some of them held off making deals, while others raised their quotations.Asian Metal Copyright .Asian Metal Copyright As demand for molybdenum chemicals continued to decrease, producers had difficulty in selling the material and generally held a large amount of stocks.Asian Metal Copyright Molybdenum concentrate prices held steady on the whole and producers faced little stock pressure at the end of the month.Asian Metal Copyright Prices for molybdenum products also went down marginally, andit became more apparent that downstream demand would remain relatively weak, but producers of molybdenum products obtained better profit margins when compared with upstream producers.
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