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Bull Molybdenum Concentrate Market Ahead on Supply Tightness, SMM Reports
Aug 3,2017 16:09CST
industry newssmm insight
Source:SMM
Most cargo holders of molybdenum concentrate are bullish toward the market in the near term due to continuous supply tightness, SMM understands.

SHANGHAI, Aug. 3 (SMM) - Most cargo holders of molybdenum concentrate are bullish toward the market in the near term due to continuous supply tightness, SMM understands.

Ferromolybdenum prices surged 10% on August 3 due to limited availability and soaring prices of raw material.

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