Molybdenum Market Report August 2015

During the month, Chinese molybdenum market deteriorated.Asian Metal Copyright Whilst in the molybdenum chemical market, demand remained poor and price slipped quickly, producers had difficulties in making sales.Asian Metal Copyright Lower tender prices from steel mills dragged down the price of ferromolybdenum, leaving marginal profit to producers and pressing down the price of molybdenum concentrate.Asian Metal Copyright Whilst in the molybdenum chemical market, demand remained poor and price slipped quickly, producers had difficulties in making sales.Asian Metal Copyright Many molybdenum concentrate plants found the capital circulation a big burden, some medium-size plants even chose to halt production.Asian Metal CopyrightDuring the month, Chinese molybdenum market deteriorated.Asian Metal Copyright Whilst in the molybdenum chemical market, demand remained poor and price slipped quickly, producers had difficulties in making sales.Asian Metal Copyright Many molybdenum concentrate plants found the capital circulation a big burden, some medium-size plants even chose to halt production.Asian Metal Copyright In face of increasing stocks, many of them reduced or suspended production during the month.Asian Metal Copyright Lower tender prices from steel mills dragged down the price of ferromolybdenum, leaving marginal profit to producers and pressing down the price of molybdenum concentrate.Asian Metal Copyright In comparison, price of molybdenum products went down in much slower pace, but the market activity turned out to be scarce as consumers were quite inactive.

.Asian Metal Copyright Lower tender prices from steel mills dragged down the price of ferromolybdenum, leaving marginal profit to producers and pressing down the price of molybdenum concentrateAsian Metal Copyright