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.