Monthly Molybdenum Market Report Mar 2021
2021-04-12 19:29:01 【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 March, the stainless steel prices increased suddenly, which supported molybdenum prices up. However, as international molybdenum prices moved down, Chinese molybdenum concentrate suppliers have to drop their prices accordingly. At the same time, due to the soft demand from end consumers, downstream molybdenum products prices dropped accordingly. Most insiders hold sad attitude for the market tendency.
In international market, as most end consumers finished the purchase for Q1 in 2021, inquiries stayed soft and traders dropped their prices to promote sales. Market prices face huge dropping pressure at the moment and most insiders hold watching attitude for the market tendency.
In March, the stainless steel prices increased suddenly, which supported molybdenum prices up. However, as international molybdenum prices moved down, Chinese molybdenum concentrate suppliers have to drop their prices accordingly. At the same time, due to the soft demand from end consumers, downstream molybdenum products prices dropped accordingly. Most insiders hold sad attitude for the market tendency.
In international market, as most end consumers finished the purchase for Q1 in 2021, inquiries stayed soft and traders dropped their prices to promote sales. Market prices face huge dropping pressure at the moment and most insiders hold watching attitude for the market tendency.
