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.












