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    Monthly Molybdenum Market Report Mar 2020

    2020-04-15 18:00:46   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    1. Market Highlights

    In March, the international molybdenum market saw continuous decrease of prices due to sluggish demand caused by COVID-19. Prices in Chinese molybdenum market kept declining dragged by muted downstream demand.Asian Metal Copyright1.Asian Metal Copyright Downstream molybdenum steel producers resolutely squeezed down on ferromolybdenum bidding prices due to high inventory and sharp decline of prices, prices for went down sharply amid weak demand.Asian Metal Copyright1.Asian Metal Copyright In order to avoid selling prices lower than costs, ferromolybdenum producers didn't accept high prices for molybdenum concentrate.Asian Metal Copyright In light of soft downstream demand in catalyst industry and molybdenum deep-processing industry and decrease of raw material prices, prices for high-purity molybdenum oxide kept moving down.Asian Metal Copyright The supply of molybdenum concentrate was adequate but prices for molybdenum concentrate decreased as downstream clients promoted sales at low prices considering that ferromolybdenum bidding prices moved down amid continuously sluggish demand in molybdenum chemical industry and international molybdenum oxide flowed into China.Asian Metal Copyright In order to avoid selling prices lower than costs, ferromolybdenum producers didn't accept high prices for molybdenum concentrate.Asian Metal Copyright Prices for sodium molybdate went down because of sluggish demand and decline of raw material prices.Asian Metal Copyright Prices for ammonium molybdate kept declining dragged by soft demand and decrease of raw material prices.Asian Metal Copyright Prices for ammonium molybdate kept declining dragged by soft demand and decrease of raw material prices.Asian Metal Copyright1.Asian Metal Copyright Prices for molybdenum powder dropped sharply as raw material prices dropped and the operating rate was low in downstream molybdenum deep-processing industry.Asian Metal Copyright In order to avoid selling prices lower than costs, ferromolybdenum producers didn't accept high prices for molybdenum concentrate.Asian Metal Copyright In light of soft downstream demand in catalyst industry and molybdenum deep-processing industry and decrease of raw material prices, prices for high-purity molybdenum oxide kept moving down.Asian Metal Copyright In order to avoid selling prices lower than costs, ferromolybdenum producers didn't accept high prices for molybdenum concentrate.Asian Metal Copyright Prices for molybdenum bar edged down but prices for molybdenum wire and molybdenum rod maintained stable due to steady demand.

    .Asian Metal Copyright Prices for molybdenum powder dropped sharply as raw material prices dropped and the operating rate was low in downstream molybdenum deep-processing industryAsian Metal Copyright
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