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.
Molybdenum Powder Price - Aug. 08, 2018
Prices of molybdenum powder and molybdenum bar go up compared with last trading day while molybdenum concentrate price remains unchanged. At present, Chinese molybdenum prices hover at a relatively high level and traders can make more profits though sales.
Molybdenum Powder Price - Aug. 07, 2018
The latest price of ammonium molybdate, ammonium heptamolvbdate and molybdenum powder climbs slightly in Chinese molybdenum market. The supply in raw material market remains tight under environmental checks while market demand follows up slowly. Operating rate of factories is limited in the off season and downstream companies’ profits reduce due to rising raw material prices.
Chinese Molybdenum Prices - Aug. 06, 2018
Opening this week, prices of ammonium molybdate, ammonium heptamolvbdate and molybdenum bar keep rising in Chinese market. After a round of price hike in previous stage, enterprises make large profits and with the end of steel biddings, traders are willing to sell their products. But considering low buying interests of customers, Chinese molybdenum prices are expected to stabilize.
Molybdenum Concentrate Price - Aug. 03, 2018
Chinese molybdenum prices continue to rise in the week to Friday August 3 under environmental protection policy and factories shuts to undergo repair. Prices of ferromolybdenum, molybdenum concentrate and molybdenum oxide edge higher compared with last trading day.
Molybdenum Powder Price - Aug. 02, 2018
Chinese molybdenum prices continued to edge higher from last trading day, in which molybdenum powder price declined to RMB 230.00/kg from RMB 235.00/kg, and molybdenum oxide rose to RMB 1,950.00/kg from RMB 1,930.00/kg.
Molybdenum Market Feels the Heat, Oxide Powder Prices Push Higher
The molybdenum market rose Tuesday as the recent rally in which oxide powder prices rose around $2/lb over the course of July left some market participants wondering whether the move higher would be sustainable through the remainder of the summer-holiday period.