Ammonium Molybdate Price - Mar. 30, 2018
Market price is eventually determined by the relationship between supply and demand. At present, the supply of molybdenum concentrate is relatively tight, supporting the high raw material prices. Due to the weak demand of steel mills, ferro molybdenum manufacturers are hard to reduce their stocks and thus press the price.
Ammonium Molybdate Price - Mar. 29, 2018
The latest price of ferro molybdenum, ammonium molybdate and molybdenum concentrate declines slightly, affected by decreasing demand of steel mills and Sino-US trade friction. Facing the pressure from steel mills, ferro molybdenum market mainly trades low-price goods and price is falling. Considering manufacturers without plans in stocking up, most insiders believe that ferro molybdenum price still has room for declining. Whether the terminal demand can recover in April or not still remains to be seen.
Molybdenum Concentrate Price - Mar. 28, 2018
The weakening molybdenum market in China has brought some negative impact on the international market. However, the tight supply also offers some support to market price. At present, the main reason for poor sales is further declining of insiders’ expectations and uncertainty for demand of steel mills, resulting wait-and-see mentality. Whether the demand of steel mills could recover will be the focus of insiders.
Molybdenum Concentrate Price - Mar. 27, 2018
The game between molybdenum raw material market and terminal market will continue and approaching the end of the month, some miners are more willing to sell. New increased trading of molybdenum concentrate may increase compared with last week amid shipment prices of large mines needs to be concerned for great reference. For ferro molybdenum market, manufacturers are expected to lower their expected prices to ease pressure of production costs and price will be adjusted in a certain space.
Ferro Molybdenum Price - Mar. 26, 2018
Ferro molybdenum price dropped last week, affected by poor performance of steel mills. At the same time, ferromolybdenum manufacturers transferred the pressure to raw material market, resulting the decline in transaction prices of molybdenum concentrate. Affected by that, trading for molybdenum powder reduced and thus domestic molybdenum market was weak on the whole.
Molybdenum Concentrate Price - Mar. 23, 2018
The floor level of transaction prices in the molybdenum concentrate market has become lowered in recent days. 40% molybdenum concentrate was concluded at RMB 1,620-1,650/t in the market while a small amount of deals at RMB 1,690/t in mines. Mines quote at RMB 1,690/t, but has not any transactions. Though downstream enterprises have lowered its expectation price apparently, traders would not replenish at that time. High-price transactions are hardly to be making this week.
Molybdenum Bar Price - Mar. 22, 2018
Molybdenum market quotation in China: the latest price of molybdenum powder declined slightly while molybdenum bar and ferro molybdenum maintained stability. The price movements are mainly owing to poor performance in terminal market.
Ammonium Molybdate Price - Mar. 21, 2018
Ammonium molybdate market keeps firm quotation in the earlier weak while trading in high-price products is rare affected by weak raw material side. The price and trading volume of ammonium heptamolybdate and high pure molybdenum trioxide have not seen apparent improvement recently, which lowers traders’ wiliness in trading.
Molybdenum Concentrate Price - Mar. 20, 2018
Molybdenum concentrate has been concluded a large number of transactions for three consecutive weeks since March and downstream enterprises have certain stocks at hand. Most ferro molybdenum manufacturers postpone their plans for purchasing high-price raw materials when prices show decline in some regions. This week, quantity of steel biddings is expected to decline and new orders for molybdenum concentrate will not increase. Thus molybdenum market in China will be quiet.
Molybdenum Concentrate Price - Mar. 19, 2018
Most ferro molybdenum traders mainly waited and saw to reduce the trading as the new round of steel biddings was finished, coupled with the readjustment of international molybdenum price, ferro molybdenum market in China is expected to be in a stalemate this week.
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