Molybdenum Powder Price - Jan. 15, 2018

With the support of raw material market, molybdenum market in China was stable with good momentum last week. Molybdenum prices showed downstream trend besides China, but rose slightly in China. Although there are differences in some regions, the whole market trend is not affected.

Stocking up before the Spring Festival is gradually starting. Traders are active in market trading, but the volumes are too poor to meet the demand for raw materials of downstream enterprises. Under the supply and demand, molybdenum concentrate price will rise in the short term. Most market participants in the ferromolybdenum market focus on new round of steel biddings, expecting to raise market price. Prices of molybdenum chemical and finished products are raised and the transaction prices may continue to follow up with the improved market demand.

Prices of molybdenum products on Jan. 15, 2018

molybdenum powder price picture

Picture of molybdenum powder

molybdenum powder picture

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