Molybdenum Market Report April 2015
2015-05-27 13:57:45 【Print】
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Chinese molybdenum prices declined continuous in April. While consumers delayed procurement and lacked of confidence toward the future market, producers kept increasing output so supply increased with the capital pressure, thus suppliers finally pushed off the prices. At the same time, the international molybdenum markets saw small price fluctuations with generally stable downstream demand and the supply of which has yet been impacted by the Chinese situation. With the abolishment of China’s export tax on molybdenum, more Chinese suppliers are expected to swarm into the international markets and make a difference to the present supply-demand situation.
