Monthly Molybdenum Market Report Nov 2023
2023-12-12 18:50:34 【Print】
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Market Highlights
In early November, ferromolybdenum prices decreased due to lower production cost. Encouraged by strong demand, the mainstream prices rose in late November.
As most consumers remained inactive in sending inquiries, molybdenum concentrate and molybdenum oxide prices decreased in early November and then started to go up in late November encouraged by limited supply.
In early November, downstream molybdenum chemical product prices and molybdenum metal prices deceased as most suppliers faced lower production cost. In late November, the mainstream prices rose again due to higher raw materials prices.
In international molybdenum market, as most consumers remained inactive in sending inquiries, market prices of molybdenum products decreased in November.
In early November, ferromolybdenum prices decreased due to lower production cost. Encouraged by strong demand, the mainstream prices rose in late November.
As most consumers remained inactive in sending inquiries, molybdenum concentrate and molybdenum oxide prices decreased in early November and then started to go up in late November encouraged by limited supply.
In early November, downstream molybdenum chemical product prices and molybdenum metal prices deceased as most suppliers faced lower production cost. In late November, the mainstream prices rose again due to higher raw materials prices.
In international molybdenum market, as most consumers remained inactive in sending inquiries, market prices of molybdenum products decreased in November.
