China Molybdenum Prices - Mar. 07, 2019

China molybdenum prices maintain stability on the whole because the cost and supply sides are in a stalemate. Molybdenum concentrate prices are boosted by raised offer levels of large mines while decline in prices and quantity of steel tenders presses ferro molybdenum prices. Smelting factories mainly take a watchful stance with reduced product profits. 

Molybdenum chemical and product market remains stable on continued weakness in the demand side and conservative mentality of market participants. Taken together, molybdenum market would keep steady in the short term.

Prices of molybdenum products on Mar. 07, 2019

Picture of molybdenum powder

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