Monthly Molybdenum Market Report Nov 2017
2017-12-13 17:44:40 【Print】
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1. Monthly Highlights
During November in the international molybdenum market, consumers showed low interest in making purchases, transactions fell into a stalemate and prices remained basically unchanged. During this month, the Chinese molybdenum market was under adjustment . With steel mills opening biddings successively, demand for ferromolybdenum increased dramatically, serving as an incentive for the whole Chinese molybdenum market . Market players felt calm in their operation . The Chinese molybdenum sub-markets including concentrate, furnace burdens, chemicals and deep processed products saw consumers active in making enquiries, and this trend went on into December.
During November in the international molybdenum market, consumers showed low interest in making purchases, transactions fell into a stalemate and prices remained basically unchanged. During this month, the Chinese molybdenum market was under adjustment . With steel mills opening biddings successively, demand for ferromolybdenum increased dramatically, serving as an incentive for the whole Chinese molybdenum market . Market players felt calm in their operation . The Chinese molybdenum sub-markets including concentrate, furnace burdens, chemicals and deep processed products saw consumers active in making enquiries, and this trend went on into December.