Monthly Molybdenum Market Report Nov 2018
2018-12-12 17:56:05 【Print】
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1. Market Highlights
In November, both Chinese molybdenum market and international molybdenum market were quiet and prices showed continuously downward trend. The bulk market saw limited ferromolybdenum transactions as steel mills' purchase prices for the material kept decreasing . Most market participants were pessimistic about market outlook and waited on the sidelines.
In November, both Chinese molybdenum market and international molybdenum market were quiet and prices showed continuously downward trend. The bulk market saw limited ferromolybdenum transactions as steel mills' purchase prices for the material kept decreasing . Most market participants were pessimistic about market outlook and waited on the sidelines.