Chinese Molybdenum Market Welcomes a Positive Start in the First Week of 2024
In the first week after the New Year's Day in 2024, the Chinese molybdenum market performed well. Besides a significant increase in the prices of mainstream molybdenum products, the market trading atmosphere was relatively active.
Chinese Molybdenum Market - January 4, 2024
The domestic Chinese molybdenum market is relatively favorable, influenced by news of reduced production or shutdowns in some northern mines on January 4, 2024. This has led to an increase in downstream user inquiries and purchasing enthusiasm, subsequently prompting molybdenum concentrate suppliers to adopt a firm pricing stance.
Molybdenum Market Trends in China for 2023
Molybdenum Market Trends in China for 2023
The molybdenum market in China for 2023 shows similarities with the international molybdenum market, characterized by significant fluctuations, according to Chinatungsten Online's overall market perception.
Analysis of the Molybdenum Price Trend in China in December 2023
I. Analysis of the Molybdenum Price Trend in China in December 2023
According to the information obtained from Chinatungsten Online, the price trend of molybdenum products in China in December 2023 is similar to that of November, with fluctuations characterized by initial increases, followed by decreases, and subsequent rebounds. However, the magnitudes of the declines and increases are not uniform.
Chinese Molybdenum Prices - December 27, 2023
Chinese molybdenum prices have slightly shifted downward, primarily attributed to the slowdown in downstream user consumption and an increase in price pressure.
Chinese Molybdenum Market Update - December 25, 2023
At the beginning of the week, the domestic Chinese molybdenum market showed an overall pattern of high-level retracement.
Molybdenum Powder Price - December 22, 2023
The domestic molybdenum market in China showed relatively positive performance this week.
Molybdenum Concentrates Price - December 20, 2023
As of December 20, 2023, the overall focus of the Chinese molybdenum market has noticeably shifted upwards. Influenced by factors such as satisfactory downstream demand and a favorable international molybdenum market, suppliers' willingness to hold off sales and support prices has generally increased.
Ferro Molybdenum Price - December 18, 2023
At the beginning of the week, the overall Chinese molybdenum market maintained stable operations. With steel companies gradually entering the bidding for ferro molybdenum and the international molybdenum price facing resistance in its upward movement, suppliers are mainly adopting a cautious wait-and-see approach, leading to generally moderate transactions.
Molybdenum Market in China - December 15, 2023
This week, the overall molybdenum market in China has been operating positively. At the beginning of the week, influenced by general steel demand and prices, moderate prices for large molybdenum mining companies, and a relatively sluggish market situation at the end of last week, molybdenum product prices showed a weak consolidation.
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