China Molybdenum Prices - Jan. 20, 2020

China molybdenum prices maintain stability at the beginning of the week considering the limited consumption in the terminal side and sight supply in the raw material markets. Now the market remains quiet as downstream buyers have finished their replenishment previously. Moreover, with the approaching of Chinese Spring Festival, most market participants will be off duty. Therefore, the market is expected to stabilize before the holiday.  

Prices of molybdenum products on Jan. 20, 2020

Picture of molybdenum powder

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