China Molybdenum Prices - Apr. 26, 2019

China molybdenum prices remained stable in the week ended on Friday April 26. Affected by the delay in the release of tenders from steel mills, traders became less active in trading, and smelting factories faced pressure from downstream weakness demand and high costs of raw materials. But the increase in mainstream steel bidding prices boosted market confidence. 

Under the firm molybdenum concentrate markets, prices of ferro molybdenum and downstream chemical products kept stable. Market participants are waiting for the moves of new environmental protection inspection, the production in mines, steel tenders and terminal demand.

Prices of molybdenum products on Apr. 26, 2019

Picture of molybdenum powder

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