Monthly Molybdenum Market Report Apr 2019
2019-05-15 16:26:40 【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 April, both Chinese molybdenum market and overseas molybdenum market were quiet. Typical purchase prices didn't change substantially and the overall molybdenum market was at a standstill. In particular, prices for molybdenum concentrate, the raw material, stood quite firm in Chinese market and downstream steel mills purchased ferromolybdenum at relatively stable prices. Thus, market participants took a stable attitude and waited on the sidelines.
In April, both Chinese molybdenum market and overseas molybdenum market were quiet. Typical purchase prices didn't change substantially and the overall molybdenum market was at a standstill. In particular, prices for molybdenum concentrate, the raw material, stood quite firm in Chinese market and downstream steel mills purchased ferromolybdenum at relatively stable prices. Thus, market participants took a stable attitude and waited on the sidelines.
