China tungsten and molybdenum industry run trend in the first half 2014
No Change Seen In North American Molybdenum Oxide Market
Prices for molybdenum oxide 57%min could be found between USD13.00-13.50lb d.p. in warehouse. The market has seen no movement in the last week, and is thought to have stabilized after seeing steady price declines over the past month.
European Moly-Metal Prices Increase Slightly
European moly-metal prices have increase by around USD0.50-1.00kg over the past three weeks to range between USD34.50-35.50kg in warehouse Rotterdam on Thursday.
North American Molybdenum Oxide Market Remains Soft
Prices for molybdenum oxide 57%min could be found between USD13.00-13.50lb d.p. in warehouse. This remains about USD0.75lb d.p. in warehouse lower than where prices were 2 weeks ago.
European Molybdenum Oxide Offers Slightly Softer
European molybdenum oxide 57%min powder offers have decreased by around USD0.10lb since the middle of last week to hover between USD13.10-13.30lb in warehouse Rotterdam on Monday.
North American Molybdenum Bar Market Remains Flat
Prices for molybdenum bar 99.9%min could be found between USD17.00-18.00lb d.d.p. The market has seen no change, and prices remain flat.
Ammonium Molybdate Prices Increase Slightly In China
Ammonium molybdate price in China has remained unchanged since May, however, the price has went up slightly last week due to the increasing demand.
Molybdenum Oxide Prices Increase In China
It is reported that the Chinese State Reserve Bureau will purchase molybdenum oxide 57%min from domestic producers, which improved market sentiment greatly and ended the downward trend of prices.