Molybdenum Market Report January 2016
2016-02-15 18:32:02 【Print】
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Prices for upstream molybdenum products continued to move up and more deals were triggered by the short-term rebound
. Products like molybdenum concentrate, molybdenum oxide and ferromolybdenum were still in short supply . However, the upward momentum gave way to a more stable trend in the second half of this month,with prices impacted by the weak end demand and sluggish market after their two-week surge . Only the price for molybdenum powder rebounded slightly . The price for deep-processing products remained stable and the market performed weakly with most deals concluded among regular consumers . With the Spring Festivalapproaching, plants have been winding down for the holiday in succession and the market will be quieter at the end of this month.