Sodium Molybdate Price - Jan. 30, 2018

Details: Category: Tungsten's News; Published on Tuesday, 30 January 2018 11:09; Written by Shuxia; Hits: 509

The trading in the raw material market is expected to reduce as downstream smelting factories, molybdenum chemical and products enterprises are gradually finishing their stocking. The short supply in the molybdenum concentrate market is continuing. Meanwhile, due to high international molybdenum raw material price, Chinese enterprises turn to domestic market, which is good for the mentality of miners. Chinatungsten Online forecasts that molybdenum price is expected to stabilize before the Chinese Spring Festival.

Steel biddings are coming to an end. Mainstream ferromolybdenum manufacturers may not reduce their quotations considering the sale target is finished. Molybdenum chemical and products market show no much new increased orders due to the high raw material price. On the whole, domestic molybdenum market is likely to be quiet with thin trading.

Prices of molybdenum products on Jan. 30, 2018

sodium molybdate price picture