China Molybdenum Prices - Nov. 13, 2018

China molybdenum prices are unchanged from the previous trading day, although they show signs of decline. Recently, more ferro molybdenum manufacturers have considered profit-taking as steel mills become less active in steel biddings and purchasers try to lower transaction prices. Under the tight supply in the raw material side, insiders have good expectations for the outlook. In the short term, environmental protection, operate rate of factories, steel biddings and demand are the focus of the market. 

Prices of molybdenum products on Nov. 13, 2018

Picture of molybdenum powder

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