Molybdenum Powder Price - Apr. 20, 2018

Details: Category: Tungsten's News; Published on Friday, 20 April 2018 09:12; Written by Shuxia; Hits: 631

China’s molybdenum price continues to fall slightly, but businesses intend to raise product prices due to limited production capacity of mines. Though quotation in the raw material market keeps firm and sellers are reluctant to sell, the consumption in the terminal market does not increase.

This week, steel bidding prices fall, weakening market confidence and causing deadlocked supply and supply. Transaction prices now are in a relatively low level. For the market besides China, the price starts to rise, which boosts market mentality. Traders are bullish on market outlook and stabilization would be the main trend in the short term.

Prices of molybdenum products on Apr. 20, 2018

molybdenum powder price picture