Chinese Molybdenum Prices - Nov. 06, 2018

Chinese molybdenum prices maintain stability in the week to Tuesday November 6. Market sentiment tends to rationality when favorable factors of environmental protection and steel biddings come to an end. 

Currently, traders are cautious in receiving new orders, especially for high-price products. Supported by tight supply of molybdenum raw materials, manufacturers keep firm mentality and are willing consider profit-taking. Trading activity is lower than before and businesses wait for the next move in the demand side. 

Prices of molybdenum products on Nov. 06, 2018

Picture of molybdenum powder

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