CHINA MOLYBDENUM SNAPSHOT: Prices rise further amid domestic market tightness, price rally in international markets

By Anna Xu / January 18, 2018 / www.metalbulletin.com / Article Link

Key data from Metal Bulletin's Wednesday January 17 pricing session in China.

Molybdenum concentrate MB Chinese free market, 45% Mo, in-warehouse China, RMB/mtuKey drivers: - Supply continues to be tight, and low selling interest underpins the tightness. - Demand from steel mills for ferro-molybdenum is good given a robust steel market. - Further price increases for ferro-molybdenum in international markets has also helped to strengthen the confidence...

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