China Molybdenum Prices - Jan. 29, 2019

Details: Category: Tungsten's News; Published on Tuesday, 29 January 2019 17:41; Hits: 693

China molybdenum prices remain stable on the last trading week before the Spring Festival. Most smelting factories shut down, logistics are off-stream and market participants also remain low trading activity. Besides, with the shutdown of mines and smelting factories, low-price resources are difficult to be got.

For the demand side, deals are hardly to be concluded as downstream does not need to consume raw material largely. On the whole, molybdenum market still benefit from the rebound in last week. Under weak demand and supply, market prices would stabilize.

Prices of molybdenum products on Jan. 29, 2019

China molybdenum prices picture