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1988年西方世界各国钼产品供不应求,生产者库存减少,产量增加。转卖商氧化钼价于1989年初达到3.9美元/磅的水平(合8600美元/t)。1989年初产量增加,到年末钼产品供过于求,氧化钼价下跌到2.5美元/磅(合5510美元/t)。有人认为,1990年钼市场尽管需求稳定增长,钼产品仍将过剩。1990年4季度氧化钼价上升到3.3美元/磅,这是由于生产者和转卖商担心1990年2月份智利丘基卡马塔的一场大火可能造成供应不足而扩大采购的结果。然而大火所造成的损失仅使世界钼原料的产量减少了230t,与世界总产量相比,损失量极少,担心是徒劳的。
In 1988, molybdenum products in various countries in the western world were in short supply, producer inventories decreased and output increased. Reseller molybdenum oxide prices in early 1989 reached 3.9 US dollars / lb ($ 8600 / t). In early 1989, the output increased. By the end of the year, the molybdenum output was oversupplied and the price of molybdenum oxide dropped to USD 2.5 / lb (USD 5,510 / t). Some people think that in 1990 molybdenum market despite the steady growth in demand, molybdenum products will be surplus. The molybdenum oxide price in the fourth quarter of 1990 rose to $ 3.3 per pound as a result of the concerns raised by producers and resellers about the expansion of procurement that could have caused a supply shortage in Chuchkammata, Chile, in February 1990. However, the damage caused by the fire only reduced the output of the world molybdenum raw material by 230 tons, which is in vain to the loss compared with the world total output.