Molybdenum Oxide and Alloy Markets in Europe Fall, but Recovery Shows
The molybdenum oxide and alloy markets in Europe fell on deals reported midweek, but the downward trend in prices appears to have reached a bottom and a recovery is expected soon, sources said on Wednesday September 26.
Sodium Molybdate Price - Sep. 28, 2018
Molybdenum prices in Chinese market keep stable on the whole. Ferro molybdenum market faces pressure on lowered prices of steel biddings, but with the support of high raw material prices, traders hold good expectation for the market outlook.
Molybdenum Powder Price - Sep. 27, 2018
The latest prices of molybdenum powder, molybdenum concentrate and molybdenum oxide are unchanged from the previous trading day as market participants mainly wait and see with the approaching of National Day. Steel factories gradually come into the market to call for bids and thus ferro molybdenum prices drop slightly. Purchasers try to force prices down. Molybdenum prices in the international markets also show signs of decline.
Chinese Molybdenum Prices - Sep. 26, 2018
Chinese molybdenum prices maintain stability earlier in the week to Wednesday September 26 on different expectations for steel biddings. In the molybdenum concentrate market, enterprises in major molybdenum production areas are will to quote and market trading becomes active. Tungsten concentrate price stabilizes due to tightening availability of spot goods.
Minera Centinela Built Molybdenum Plant to Add Production
Minera Centinela planned to build a molybdenum plant to recover this mineral present in its deposit for the first time, which will also add the production of molybdenum as a by-product of its current copper production.
Molybdenum Oxide Price - Sep. 25, 2018
The latest prices of molybdenum oxide, molybdenum powder and ammonium tetramolybdate are unchanged in the first trading day after the Mid-Autumn Festival. In China, market inquiry is quiet and trading is thin. Sellers keep firm offers that hover around prices of large mines. Ferro molybdenum and molybdenum chemical and product markets are in a stalemate.
Molybdenum Powder Price - Sep. 21, 2018
The latest prices of molybdenum powder, sodium molybdate and molybdenum oxide remain unchanged in the week to Friday September 21, with the approaching of Mid-Autumn Festival. The supply of raw materials in the spot market continues to be tight, and transactions increase for large mines, so molybdenum concentrate price mainly stabilizes.
Ammonium Heptamolybdate Price - Sep. 20, 2018
Tungsten prices in Chinese market continue to maintain stability on good expectations for supply and production cost sides. Ferromolybdenum market faces great challenges as prices are in a relative high level. Under the deadlocked supply and demand, market participants wait and see steel biddings. In the short term, market prices tend to stabilize.
Chinese Molybdenum Prices - Sep. 19, 2018
Chinese molybdenum prices show differences in the week to Wednesday 19. The tightening availability of tungsten raw materials offer strong support for tungsten concentrate prices and trading activity increases.
Chinese Molybdenum Prices - Sep. 18, 2018
Chinese molybdenum prices tend to stabilize after a slight decline in previous stage. The environmental protection offers strong supports for the market, but steel biddings slow down and the demand remains weak. Therefore, insiders remain rational mentality and trading activity is slow.