Molybdenum Market Report July 2017
2017-08-11 18:11:32 【Print】
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During July, the Chinese molybdenum market turned around from the sluggishness in June Prices began to rebound from the bottom line and showed a vigorous upward momentum, which was mainly engineered by the ferromolybdenum market where both transaction prices and volumes increased. Affected by this, prices for molybdenum concentrate began to move up and producers of downstream molybdenum chemicals and deep processed products showed a strong intention to raise their prices. As trading activities in the Chinese molybdenum market continued to activate, insiders anticipated prices in the Chinese molybdenum market will move up further dramatically in August.
