Molybdenum Market Report March 2017
2017-04-11 17:35:40 【Print】
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During March, demand in Chinese molybdenum market rebounded, the production cost of downstream molybdenum products moved up and plants had to raise prices to see where the market would go affected by an increase in raw materials’ prices, molybdenum prices increased on account of the above reasons
. Consumers gradually returned to the market to purchase materials as they worried that supply might be tight in the future, supporting molybdenum prices further up.