Chinese Molybdenum Price - Jun. 14, 2018

Chinese molybdenum price remains weak adjustment this week as prices in the molybdenum raw material side showing signs of decline further weakens downstream manufacturers’ confidence. 

Part of traders enters the market to purchase when prices are lower than last week, so market trading becomes more active. The prices in steel biddings will soon be released and the environmental protection policy still benefits the market. Market participants now wait and see the movements of the news side. 

Prices of molybdenum products on Jun. 14, 2018

Picture of molybdenum disulfide

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