Monthly Molybdenum Market Report Sep 2018
2018-10-12 16:04:57 【Print】
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1. Market Highlights
Both Chinese market and international molybdenum market were stable in September. In particular, the international market saw scarce transactions as most overseas consumers waited on the sidelines. In Chinese market, ferromolybdenum prices showed downward trend with lower purchase prices of steel mills and prices for molybdenum concentrate, the raw material, showed no sign of decreasing. The downstream market of molybdenum chemical products saw limited transactions as prices stood at high levels and prices in some regions went down slightly without substantial changes. Consumers of molybdenum powder and deep-processing products mainly consumed inventories. With a stable attitude towards market outlook, market participants expect an increase in demand.
Both Chinese market and international molybdenum market were stable in September. In particular, the international market saw scarce transactions as most overseas consumers waited on the sidelines. In Chinese market, ferromolybdenum prices showed downward trend with lower purchase prices of steel mills and prices for molybdenum concentrate, the raw material, showed no sign of decreasing. The downstream market of molybdenum chemical products saw limited transactions as prices stood at high levels and prices in some regions went down slightly without substantial changes. Consumers of molybdenum powder and deep-processing products mainly consumed inventories. With a stable attitude towards market outlook, market participants expect an increase in demand.
