Molybdenum Decreased Demand, Weak Stable Price in Apr.
In Apr., 2017, molybdenum decreased demand leads to a weak stable price. The main reason goes to decreased demand and lower price from steel industry.
Unpredicted Molybdenum Price – May 3, 2017
Molybdenum price, including products of molybdenum concentrate, ammonium heptamolydate and sodium molydate, has kept stable on May 3, 2017. Since the very beginning of Chinese New Year, China has issued new policy for molybdenum producer based on stricter environmental protection, producer has been remaining seeing what will be, but not sale the products immediately.
Ammonium Molybdate, Molybdenum Concentrate Price Apr. 10, 2017
The price of molybdenum concentrate keeps going up on Apr. 10, 2017.Ammonium molydate is steady today. Because of the environmental inspection is getting tighter, the yield of raw material of molybdenum is influenced a lot, with a result that the price remains rising.
Molybdenum Trioxide, Molybdenum Concentrate Price Mar. 27, 2017
The molybdenum trioxide price has kept the same price as yesterday after a month increasing without stop. For ammonium molybdate, the price is going up continuously. Ferro molybdenum price remained stable. All in all, the molybdenum price on Mar. 27, 2017 is going up stable.
Molybdenum Concentrate Commodity Index – Mar. 7, 2017
The molybdenum concentrate commodity index is 72.18 on Mar. 7, 2017, which is the same level as yesterday. It has lowered down 41.52%, compared with the highest level on Jan. 23, 2013, but increased 49.75% compared with the lowest point on Dec.2, 2015. The comparison is calculated from Sep. 30, 2012. The value has been going up continuously 49.751% in 463days.
Tungsten and Molybdenum Latest Price – Jan. 25, 2017
International: US home sales fell more than expected in December, but the property market recovery has good prospects. The Euro Zone PMI in January indicated quarterly economic growth of 0.4% and manufacturing and service industry overall expansion. The US president Trump and the US Treasury Secretary hawkish speech devalued US dollars, but US dollars continue increase. German IFI business prosperity index, business expectations index and business conditions index and market expectations are higher than the previous value. The German economic environment is playing well.Tungsten and Molybdenum Latest Price – Jan. 16, 2017
International: Affected by Brexit, UK economy has suffered a lot and the UK pound also continues depreciation. US oil hits a lowest record on Monday and Saudi Arabia announced that the main factor is production reduction. Global ultra-loose monetary policy era will end and the United States has been walking in the forefront to raise interest rates.
Tungsten and Molybdenum Latest Price – January 13, 2017
International: Federal Reserve Chairman Yellen gave affirmative evaluations on US economic performance and he thought three times rate hike is appropriate. The Euro Zone economy is recovering and they may reduce the purchasing of bond. The oil price has risen markedly and the reasons include US dollar continued to devalue and production reduction of Saudi Arabia, Russia and other oil major exporter.
Tungsten and Molybdenum Latest Price – January 11, 2017
Molybdenum market: Molybdenum raw material price is stable. Ferro molybdenum and molybdenum bar price is going up with small range. The whole molybdenum market has good performance.
Tungsten and Molybdenum Latest Price – December 20, 2016
International: Federal Reserve Chairman Yellen released hawkish speech indicated the US job market has reached the strongest level in nearly a decade. The Euro Zone in November CPI initial annual rate hits 2 years high point, which is in line with expectations and better than the previous value. The yen is weakness and the stock market has risen. It is expected the Bank of Japan may do anything.
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