Chinese Molybdenum Prices - Sep. 26, 2018

Chinese molybdenum prices maintain stability earlier in the week to Wednesday September 26 on different expectations for steel biddings. In the molybdenum concentrate market, enterprises in major molybdenum production areas are will to quote and market trading becomes active. Tungsten concentrate price stabilizes due to tightening availability of spot goods.

Ferromolybdenum companies have ample product profits, with little new increased order. Given strong supports from raw material side, insiders mainly wait and see at present. Chinese environmental checks limit smelting factories’ output and molybdenum chemical and product enterprises stabilize their offer levels.

Prices of molybdenum products on Sep. 26, 2018

Picture of molybdenum disilicide

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