Chinese Molybdenum Prices - Aug. 21, 2018
Chinese molybdenum prices are unchanged from the previous trading day, although new environmental inspection boosts market confidence. The supply and demand is in a stalemate. And affected by off-peak season, market participants are not active in trading. At present, insiders want and see new steel tender and demand.
New Cu-Mo-Au-Ag and Au Showings Were Discovered in James Bay
Midland Exploration inc. (Midland) and Altius Minerals Corporation (Altius) announced the discovery of new Cu-Mo-Au-Ag and Au showings in James Bay, Quebec. These showings were found during a regional project generation program performed in June.
Sodium Molybdate Price - Aug. 20, 2018
Earlier in this week, the latest price of molybdenum powder and sodium molybdate remains unchanged while molybdenum oxide price declines. Molybdenum prices rising sharply in China in off-peak season increases trading risks, plus lower prices of steel biddings, manufacturers have not enough confidence in supporting ferromolybdenum prices.
Molybdenum Powder Price - Aug. 17, 2018
Chinese molybdenum prices retreated in the week to Friday August 17 after declining in prices of steel tenders and international market. ChinaTungsten Online assessed price for molybdenum powder in China free market at RMB 250.00/kg, molybdenum concentrate at RMB 1,800.00/t and ammonium heptamolvbdate at RMB 128,000.00/ton.
Ammonium Heptamolvbdate Price - Aug. 16, 2018
Chinese molybdenum prices retreated on limited new increased orders. Ferro molybdenum price slid from RMB 132,000 per ton to RMB 130,000 per ton. While ammonium heptamolvbdate price stabilized at RMB 128,000.00 per ton.
Molybdenum Powder Price - Aug. 15, 2018
The latest price of ferromolybdenum, molybdenum concentrate and molybdenum oxide declines slightly compared with last trading day. Molybdenum raw material production return and declining prices of steel biddings weaken favorable factors in the market. Limited orders in off-peak season and weak consumption also affect Chinese market greatly. Taken together, Chinese molybdenum market will continue its weakness.
China Molybdenum Market - Aug. 14, 2018
The China molybdenum market declined Tuesday as a production increase after environmental checks ends made sellers cut product profits to move materials. Ferromolybdenum manufacturers dropped offer levels when prices of steel biddings retreated. At present, customers remain low willing in purchasing; supply and demand are in a stalemate.
China Molybdenum Prices - Aug. 13, 2018
Molybdenum prices in Chinese market start to fall earlier in this week. Molybdenum raw material prices went up in previous stage with a very strong market speculation atmosphere, but mines resuming work and declining prices in steel tenders slow down uptrend.
Molybdenum Powder Price - Aug. 10, 2018
Molybdenum market in China: molybdenum powder price goes up while molybdenum concentrate declines slightly compared with last trading day. Mines stopping production to undergo repair, steel biddings and other cyclical factors’ influences are reduced to Chinese market and prices seem to fall. Sales increase while trading activity is low in off-peak season.
Chinese Molybdenum Prices - Aug. 09, 2018
Chinese molybdenum prices maintain stability on Thursday August 9, with the end of steel tenders and more risks by high prices. Manufacturers decline their offer levels to foreign buyers, although supply tightness of raw materials and production costs give strong supports. Production has not yet recovered completely as most mines are shut down to undergo repair. And muted demand drags upstream market down.