Monthly Molybdenum Market Report Dec 2023
2024-01-12 18:55:27 【Print】
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Market Highlights
Encouraged by strong demand from downstream consumers, molybdenum concentrate and molybdenum oxide prices increased in December and most suppliers regained confidence in the market.
As most steel mills placed more orders, Chinese ferromolybdenum prices increased further in December.
As raw materials' prices showed uptrend, downstream molybdenum chemical products and molybdenum metal prices continued to increase in December.
In international molybdenum market, as most suppliers held limited stocks and stayed in no hurry to sell at low prices, market prices of molybdenum products increased in December.
Encouraged by strong demand from downstream consumers, molybdenum concentrate and molybdenum oxide prices increased in December and most suppliers regained confidence in the market.
As most steel mills placed more orders, Chinese ferromolybdenum prices increased further in December.
As raw materials' prices showed uptrend, downstream molybdenum chemical products and molybdenum metal prices continued to increase in December.
In international molybdenum market, as most suppliers held limited stocks and stayed in no hurry to sell at low prices, market prices of molybdenum products increased in December.