2018 Global Molybdenum Output up 1%; China Is the Largest Producer
Global molybdenum output in 2018 increased by 1% to 571 million pounds from 568.2 million pounds in 2017, according to figures released by the International Molybdenum Association (IMOA). Global use was 582.8 million pounds in 2018, a rise of 4% from 558 million pounds in 2017.
Molybdenum Concentrate Price - June 4, 2019
China molybdenum prices continue to maintain stability in the week began on Monday June 3. Molybdenum concentrate price is in a relatively high level supported by tightening availability of raw materials raising sellers’ strong rised mentality; ferro molybdenum price stabilizes affected by quiet steel tenders and unstable trade environment. Most insiders hold different views toward the outlook. The demand side is still under pressure and market remains low trading activity.
Molybdenum Powder Price –June 3 2019
The latest prices of molybdenum powder, molybdenum concentrate and molybdenum oxide were unchanged from last week in the Chinese market in early June. The supply of raw materials remained tight and mainstream mine companies kept firm offers; ferro molybdenum manufacturers became cautious with the end of steel tenders; downstream chemical and alloy market was caught in wait-and0-see atmosphere. On the whole, the market would continue to stabilize.
China Ferro Molybdenum Price - May 31, 2019
Molybdenum prices in China maintained stability on the whole in the week began on Monday May 27. Ferro molybdenum price dropped slightly when steel biddings were relatively quiet. Strong expectations of tightening availability of molybdenum ores boosted confidence of sellers despite of continued weakness in the demand side. With the support of cost, factories were reluctant to reduce product profits, plus with the stabilization of international molybdenum prices, the market stabilizes in the short term.
Molybdenum Oxide Price - May 30, 2019
The ferro molybdenum, molybdenum oxide and sodium molybdate prices in China edged lower compared with last trading day on quiet market trading and heavy wait-and-see atmosphere at the end of this month. Mainstream tungsten ore enterprises stabilized new offer levels, offering a certain support for the raw material markets. Most insiders believed that the market may continue to benefit from tight supply and high production costs considering the current situation.
Molybdenum Oxide Price - May 29, 2019
Molybdenum market quotation in China: the latest price of molybdenum oxide, ammonium molybdate and ammonium heptamolvbdate maintain stability. As large miners stabilized their new offers, molybdenum concentrate market performed well in supply and demand. The supply was tight, product prices kept firm and market confidence was boosted. Downstream product prices also got supported from the cost.
China Ammonium Molybdate Price - May 28, 2019
Molybdenum market quotation in China: the latest prices of molybdenum oxide, ammonium molybdate and ammonium heptamolvbdate are unchanged from the previous trading day. In the molybdenum concentrate market, the supply from mines is limited, so the availability of raw materials remains tight, coupled with stabilized offers from large tungsten companies, prices in the raw material side keep at a relatively high level.
International Molybdenum Prices - May 27, 2019
China molybdenum prices tend to stabilize, but the decline in international molybdenum prices and new prices of domestic steel tenders weaken confidence of smelting factories. For molybdenum concentrate market, miners slow down the pace of production and sellers maintain their rised mentality, so low-price resources are hardly got at present.
China Ferro Molybdenum Price - May 24, 2019
Molybdenum market quotation in China: the latest prices of ferro molybdenum, molybdenum concentrate and molybdenum powder maintained stability in the week ended on Friday May 24. On the one hand, most participants remained cautious sentiment on unstable trading environment and declined international molybdenum prices. On the other hand, insiders showed different attitudes toward market trend on unclear guide prices from steel tenders.
International Molybdenum Prices - May 23, 2019
International molybdenum prices have been in the downward trend due to concerns around the US-China trade conflicts and a seasonal slowdown. Affected by that, domestic market is caught in heavy wait-and-see atmosphere.
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