Molybdenum market report Jun 2011
2011-07-07 15:38:33 【Print】
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Economic growth showed slow movement in the second quarter all over the world, and international molybdenum market kept its downtrend from April to June. Not only that, the prices might go down further in July, though the movement is not expected to be sharp.
In June, not only some Chinese molybdenum producers stopped or reduced their output but also some overseas producers lowered the operation rate to about 40% to meet low demand in off-seasons, and molyoxide prices deceased by about 12% in Europe.
In June, not only some Chinese molybdenum producers stopped or reduced their output but also some overseas producers lowered the operation rate to about 40% to meet low demand in off-seasons, and molyoxide prices deceased by about 12% in Europe.
