The analysis of Chinese molybdenum concentrate price trend

The three large molybdenum producers, Jinduicheng, Luoyang Molybdenum Group and Longyu Molybdenum, have halted the sale since September. Most producers in the Northeast China have no spot material due to the cold weather.Asian Metal Copyright If the requirement is larger, they will buy the material in the market.Asian Metal Copyright On the other hand, the downstream industry has rigid release with most participants buying on as-needed basis and not many stocks.Asian Metal CopyrightThe three large molybdenum producers, Jinduicheng, Luoyang Molybdenum Group and Longyu Molybdenum, have halted the sale since September.Asian Metal Copyright If the requirement is larger, they will buy the material in the market.Asian Metal Copyright Thus, the price increases with the supply and demand.Asian Metal Copyright While the supply is tight now, there comes up phenomenon of unavailability of material.Asian Metal Copyright Most producers in the Northeast China have no spot material due to the cold weather.Asian Metal Copyright Thus, the price increases with the supply and demand.