Monthly Molybdenum Market Report Jun 2020

1. Market Highlights

In June, due to the weak downstream demand in the overseas market, the overseas molybdenum concentrate supply was relatively sufficient, and a large amount of the material poured into China, leading to the falling domestic molybdenum prices. Due to soft demand, molybdenum and ferromolybdenum prices in the international market continued to fall.Asian Metal Copyright Market Highlights In June, due to the weak downstream demand in the overseas market, the overseas molybdenum concentrate supply was relatively sufficient, and a large amount of the material poured into China, leading to the falling domestic molybdenum prices.Asian Metal Copyright Because of the influx of imported molybdenum concentrate, prices for molybdenum concentrate in Chinese market fell sharply.Asian Metal Copyright Prices for ferromolybdenum in China decreased with those for molybdenum concentrate.Asian Metal Copyright Prices for ferromolybdenum in China decreased with those for molybdenum concentrate.Asian Metal Copyright Domestic ammonium molybdate suppliers continued to reduce prices to promote transactions.Asian Metal Copyright Domestic ammonium molybdate suppliers continued to reduce prices to promote transactions.Asian Metal Copyright Prices for ferromolybdenum in China decreased with those for molybdenum concentrate.Asian Metal Copyright Prices for sodium molybdate, ammonium heptomolybdate and high-purity molybdenum oxide continued to fall, and the market saw rare transactions.Asian Metal Copyright Domestic ammonium molybdate suppliers continued to reduce prices to promote transactions.Asian Metal Copyright Molybdenum powder and molybdenum deep-processing products prices fell significantly due to the soft downstream demand.
.Asian Metal Copyright Domestic ammonium molybdate suppliers continued to reduce prices to promote transactionsAsian Metal Copyright