Molybdenum concentrate has been concluded a large number of transactions for three consecutive weeks since March and downstream enterprises have certain stocks at hand. Most ferro molybdenum manufacturers postpone their plans for purchasing high-price raw materials when prices show decline in some regions. This week, quantity of steel biddings is expected to decline and new orders for molybdenum concentrate will not increase. Thus molybdenum market in China will be quiet.
Prices of molybdenum products on Mar. 20, 2018
Picture of molybdenum concentrate
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