Molybdenum Market Report October 2013

This month, Chinese molybdenum market kept slow with low prices.Asian Metal Copyright When it came to the end of this month, molybdenum price moved down.Asian Metal Copyright After the National Day holiday, molybdenum concentrate suppliers lifted up quotations in the expectation of higher prices to conclude deals impacted by the upward trend in European molybdenum market, while the most important end-users of molybdenum – steel makers still experienced sluggish demand, so they tried to press down the bids to purchase.Asian Metal Copyright Consequently, it was hard to conclude deals at high prices for molybdenum concentrate suppliers.Asian Metal Copyright Consequently, it was hard to conclude deals at high prices for molybdenum concentrate suppliers.Asian Metal Copyright When it came to the end of this month, molybdenum price moved down.Asian Metal Copyright In the following two weeks, the downstream industries just purchased molybdenum concentrate according to the need.Asian Metal Copyright After the National Day holiday, molybdenum concentrate suppliers lifted up quotations in the expectation of higher prices to conclude deals impacted by the upward trend in European molybdenum market, while the most important end-users of molybdenum – steel makers still experienced sluggish demand, so they tried to press down the bids to purchase.Asian Metal Copyright When it came to the end of this month, molybdenum price moved down.Asian Metal CopyrightThis month, Chinese molybdenum market kept slow with low prices.Asian Metal Copyright On the molybdenum chemical products and molybdenum metals, the markets were also weak with no improvement, and the prices were also at low level.Asian Metal CopyrightThis month, Chinese molybdenum market kept slow with low prices.Asian Metal Copyright