Chinese Molybdenum Prices - Apr. 22, 2019

Opening this week, Chinese molybdenum prices remain stability as new round of steel biddings fail to meet market expectations, affecting manufacturers’ sentiment. In addition, the decline in international molybdenum prices also weakens market confidence. With the support of tightening availability of molybdenum concentrates, downstream product prices get supported. On the whole, mainstream product prices would be expected to stabilize in the short term.

Prices of molybdenum products on Apr. 22, 2019

Picture of molybdenum disulfide

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