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...

Recent News

Canadian political turmoil with Trump trade policy the catalyst

December 23, 2024 / www.canadianminingreport.com

Canada and US import tariffs remain low

December 23, 2024 / www.canadianminingreport.com

Major metals not gaining much on China stimulus announcements

December 16, 2024 / www.canadianminingreport.com

Spectre of stagflation looms over base metals

December 16, 2024 / www.canadianminingreport.com

TSXV large gold gains overall, but a mixed story underneath

December 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok