Molybdenum Market Report July 2017
2017-08-11 18:11:32 【Print】
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During July, the Chinese molybdenum market turned around from the sluggishness in June Prices began to rebound from the bottom line and showed a vigorous upward momentum, which was mainly engineered by the ferromolybdenum market where both transaction prices and volumes increased
. Affected by this, prices for molybdenum concentrate began to move up and producers of downstream molybdenum chemicals and deep processed products showed a strong intention to raise their prices . As trading activities in the Chinese molybdenum market continued to activate, insiders anticipated prices in the Chinese molybdenum market will move up further dramatically in August.