China Molybdenum Prices - Jan. 18, 2019

China molybdenum prices were in the downward trend in the week began on Monday January 14 due to the decline in prices and quantity of steel biddings and replenishments of downstream failing to meet market expectations. 

With the decrease of profits of manufacturers and factories shutting down gradually, sellers have strong rised mentality, but further movements need the help of transactions. Traders now are generally pessimistic about the market outlook and prices are under pressure.

Prices of molybdenum products on Jan. 18, 2019

Picture of high purity molybdenum powder

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