Molybdenum Market Report Aug 2012
2012-09-20 14:30:24 【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.
Caused by traders covering short sales and a slight reduction in contracted conversion, European molybdenum market rebounded from the second half of August. But participants remained cautious, predicting it was a short recovery and would fall back after a round of purchase.
Since most Chinese molybdenum suppliers could not afford any lower prices, domestic market saw a resistance to lower tender prices from late August when European molybdenum market rebounded at the same time.
Since most Chinese molybdenum suppliers could not afford any lower prices, domestic market saw a resistance to lower tender prices from late August when European molybdenum market rebounded at the same time.
