Chinese Molybdenum Price - Jul. 16, 2018

Opening this week, Chinese molybdenum price is unchanged from last week owing to increasing stop production in mines in major molybdenum production areas. 

Affected by tight supply of molybdenum raw materials, sellers with good mentality are reluctant to sell. Market enquiry appears to be more active, but considering the weakness in terminal demand, rare deals are concluded at high prices. 

Prices of molybdenum products on Jul. 16, 2018

Picture of molybdenum trioxide

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