Molybdenum Powder Price - May 25, 2018

Molybdenum raw material supply and terminal demand refuse to budge, traders hold different views toward on the afternoon market, coupled with prices of steel biddings fail to meet market expectations and cost overhang of ferro molybdenum manufacturers, molybdenum price in China maintains stability this week.

Molybdenum concentrate price keeps firm due to low operating rate in mines and transactions do not increase on weak demand. Ferro molybdenum manufacturers’ product profits are squeezed, so they raise the weakness of risk aversion. In the short term, steel biddings would be the focus of the market. Molybdenum chemical and product prices are weak, owing to weak terminal demand and businesses’ willingness in cutting profits for more sales.

Prices of molybdenum products on May 25, 2018

Picture of molybdenum powder

Follow our WeChat to know the latest molybdenum price, information and market analysis.

• < Prev
• Next >