Entering June, molybdenum mining enterprises in central and north China said that the molybdenum mining and delivery were stable, and they had no maintenance plan; some private mines in the south said that they will undertake maintenance/stop production for a month due to environmental protection renovation plan in June.
SMM expects that the output of molybdenum concentrate will be stable in June compared to May.
More popular news:
SMM Daily Comments (Jun 2): All Metals Closed Higher with SHFE Nickel Leading Gains, Coke Surged
Global Manufacturing PMI Continued To Fall In May, Points To Downturn In Global Economy
Glencore to Aggressively Expand Copper Capacity
Commerzbank Lowers Price Forecast for Copper, Aluminium, Zinc and Nickel for 2023 and 2024
Rumours Say Glencore Will Raise Takeover Bid for Teck Resources, but Another Big Obstacle Lies Ahead
Commodity Price Bubble Finally Burst, but Metals Demand Will Surge
