China March molybdenum concentrate output and April forecast

China's March molybdenum concentrate output was 16,500 mt, up 10.8% MoM.

In March, the impact of CNY holidays on mine production eased, and most domestic molybdenum mines returned to normal production; the mines that were under maintenance also resumed production, boosting the output in March.

The output of molybdenum concentrate may increase steadily in April due to generous profits from molybdenum mines and growing downstream demand.