Monthly Molybdenum Market Report Feb 2019
2019-03-12 15:12:47 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
In February, the international molybdenum market witnessed active transactions and sharp increase in prices. In Chinese market, steel mills invited bids for ferromolybdenum after the Spring Festival holiday and downstream demand continued to increase, indirectly leading to steady increase in molybdenum concentrate prices. Prices for downstream molybdenum chemical products and deep-processing products also followed suit and demand for such materials was expected to improve.
In February, the international molybdenum market witnessed active transactions and sharp increase in prices. In Chinese market, steel mills invited bids for ferromolybdenum after the Spring Festival holiday and downstream demand continued to increase, indirectly leading to steady increase in molybdenum concentrate prices. Prices for downstream molybdenum chemical products and deep-processing products also followed suit and demand for such materials was expected to improve.
