Chinese Molybdenum Prices - Sep. 19, 2018

Chinese molybdenum prices show differences in the week to Wednesday 19. The tightening availability of tungsten raw materials offer strong support for tungsten concentrate prices and trading activity increases.

Ferromolybdenum traders focus on the move in steel biddings. But steel factories become cautious due to sharp rise in the previous stage and thus ferromolybdenum prices stabilize at a relative high level. Deadlocked supply and demand continues in the molybdenum chemical and product market. Under the environmental protection inspection, enterprises keep offer levels. 

Prices of molybdenum products on Sep. 19, 2018

Picture of molybdenum powder

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