Chinese Tungsten Prices - Mar. 04, 2019

Opening this week, Chinese tungsten prices maintained stability on quiet trading activity. Molybdenum concentrate prices got supports from tight supply, but the market also faced risks when prices were at a relatively high level. 

Steel mills slowed down the pace of tenders that prices and quantity tended to decline, which made insiders become rationality. Considering deadlocked supply and demand in the market, molybdenum market prices would continue to be stable.

Prices of molybdenum products on Mar. 04, 2019

Picture of molybdenum powder

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