Molybdenum Concentrate Price - Dec. 12, 2018

Molybdenum concentrate price declined slightly while molybdenum powder and molybdenum oxide prices remained stable in the Chinese market. Facing pressure of capital shortage, enterprises tend to be cautious on trading before the holiday of New Year's Day. Market participants now wait and see the new guide prices from the market. 

The production in mines and smelting factories is limited as usual, although Chinese environmental protection team ended works in some provinces. However, the market cannot benefit from the tight supply and with the poor performance in steel tenders, insiders are worried. This week, market participants will mainly focus on new offer levels from mines, prices and quantity in steel biddings. 

Prices of molybdenum products on Dec. 12, 2018

molybdenum concentrate price picture

Picture of molybdenum disulfide

molybdenum disulfide picture

Follow our WeChat to know the latest molybdenum price, information and market analysis.

 

 

WeChat