Monthly Molybdenum Market Report Jun 2019
2019-07-15 16:59:19 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
1. Market Highlights
In June, prices in international molybdenum market were stable. As the slack season started in Chinese steel market, ferromolybdenum prices moved down and ferromolybdenum producers saw higher production cost than prices. The molybdenum chemical industry was relatively steady while molybdenum deep-processing industry witnessed limited transactions. Affected by the trade friction, market participants took a strong wait-and-see attitude and are pessimistic about market outlook.
In June, prices in international molybdenum market were stable. As the slack season started in Chinese steel market, ferromolybdenum prices moved down and ferromolybdenum producers saw higher production cost than prices. The molybdenum chemical industry was relatively steady while molybdenum deep-processing industry witnessed limited transactions. Affected by the trade friction, market participants took a strong wait-and-see attitude and are pessimistic about market outlook.
