Molybdenum Powder Price - Jan. 29, 2018

Details: Category: Tungsten's News; Published on Monday, 29 January 2018 15:22

This week, tight supply of molybdenum raw materials may continue in China and outside China, and manufacturers will maintain good mentality. Though downstream enterprises have no plan for purchasing raw material, production companies would not reduce product prices.

Molybdenum raw material price in China is expected to stabilize. Steel biddings’ quantity failed to meet the market expectation and international price recovered last week, so traders who have strong willingness in trading may cut profits to sell and producing companies’ quotation would keep firm. Under the high pressure of production cost, ferro molybdenum price is hard to rise and fall sharply. On the whole, customers’ stocking up before the Chinese Spring Festival is coming to an end, so the market tends to be stable. Molybdenum price is expected to stabilize this week.

Prices of molybdenum products on Jan. 29, 2018

molybdenum powder price picture