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

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/mtu Key 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...

Published

Anna Xu

January 18, 2018

09:10 GMT

Shanghai

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