Molybdenum Powder Prices - Aug. 27, 2019

The molybdenum powder, molybdenum oxide and sodium molybdate prices in China keep stable owing to persistent weakness in the demand side and quiet market trading. Under the shortage of molybdenum concentrate and continued low trading activity, smelting factories are hard to quote. 

Market transactions in the molybdenum concentrate are still relatively active. Due to the difficulty in mining mineral resources and the impact of large production costs, holders’ stocks are relatively low and there is no sales pressure. Under the situation that the downstream steel mills have limited purchasing power and the tight supply of upstream raw materials, the psychological price of traders still has a certain distance. In terms of molybdenum chemical and its products, the market transaction is still in a deserted atmosphere, and the traders’ purchasing mentality is more conservative, mostly based on single purchases.

Prices of molybdenum products on Aug. 27, 2019

Picture of molybdenum powder

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