Sodium Molybdate Price - May 7, 2018
Molybdenum market in China: domestic molybdenum price has been remained weak recently on tight supply of mines and rised mentality of sellers. As steel biddings in downstream market perform poorly, sellers keep cautious on stocking up, which presses the rise in market price. The deadlocked supply and demand is hard to ease in the short term, so the market would prefer the long-running transactions.
FeMo Powder Price - May 3, 2018
Molybdenum price in China keeps stable on the whole as short supply of raw materials weakens enterprises’ willingness in transactions. In the meantime, the good performance in steel biddings last week boosted market mentality, coupled with the support of production cost, businesses keep firm quotation opening this week.
China’s Ferro Molybdenum Price Maintained Stability in April
Molybdenum concentrate market in China has performed well recently. 40-45% molybdenum ore is concluded 60 tons at RMB 1,610/t; 45-50% molybdenum concentrate is concluded with price of RMB 1,635/t and quantity of 200 tons. Steel mills’ purchasing in large number stimulates ferromolybdenum manufacturers to enquiry. Under the background, molybdenum mines and traders raised their strong rised mentality.
Molybdenum Powder Price - Apr. 27, 2018
With the increasing quantity of steel biddings at the end of the month and rise of international molybdenum price, Chinese market confidence is boosted and businesses keep firm quotation. But the actual trading volumes still need to be increased.
Ferro Molybdenum Price - Apr. 26, 2018
The price and quantity in steel biddings both increase this week, raising manufacturers’ rised mentality. And the continuous tightening availability of molybdenum raw materials makes sellers reluctant to sell. Therefore, molybdenum price in China rises slightly.
Molybdenum Price in China - Apr. 25, 2018
Molybdenum price in China rises slightly due to the continuous tight raw materials and increased quantity of steel biddings. Traders show good mentality, but remain cautious in stocking up, which presses market price.
China’s Molybdenum Price - Apr. 24, 2018
China’s molybdenum price shows stabilization on good mentality of businesses. On the one hand, the release of production capacity in mines is limited, plus the recovery of steel biddings accelerates consumption in sellers’ stocks, spot goods in the market are tight; on the other hand, the rise in international molybdenum price boosts Chinese market confidence, so traders are more reluctant to sell. Insiders now are waiting for the next move of the market, with deadlocked transactions.
Molybdenum Disulfide Price - Apr. 23, 2018
Steel mills purchase at least 7000 tons of ferro molybdenum in April. At the same time, some manufacturers export small quantity of the raw material due to sharp rise in price in European market. With the increasing trading volumes, offers of manufacturers will keep firm. Mainstream ferro molybdenum quotation is expected to return back to RMB 110,000/t.
Molybdenum Powder Price - Apr. 20, 2018
China’s molybdenum price continues to fall slightly, but businesses intend to raise product prices due to limited production capacity of mines. Though quotation in the raw material market keeps firm and sellers are reluctant to sell, the consumption in the terminal market does not increase.
Molybdenum Carbide Powder Price - Apr. 16, 2018
Last week, molybdenum price in China maintained weak adjustment on the whole. Market confidence was hard to be improved due to the weakness in demand. Therefore, market participants were reluctant to trade.