Monthly Molybdenum Market Report Jul 2019
2019-09-02 17:54:59 【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 July, the international market saw weak demand due to summer holiday and prices dropped. Stainless steel prices increased in China and the bidding volume of ferromolybdenum was over 10,000t, so ferromolybdenum prices moved up. Molybdenum chemical industry raised prices supported by raw material costs and molybdenum deep-processing industry saw rare downstream transactions. Besides, molybdenum concentrate prices increased sharply.
In July, the international market saw weak demand due to summer holiday and prices dropped. Stainless steel prices increased in China and the bidding volume of ferromolybdenum was over 10,000t, so ferromolybdenum prices moved up. Molybdenum chemical industry raised prices supported by raw material costs and molybdenum deep-processing industry saw rare downstream transactions. Besides, molybdenum concentrate prices increased sharply.
