Molybdenum Price in China - Apr. 25, 2018

Molybdenum price in China rises slightly due to the continuous tight raw materials and increased quantity of steel biddings. Traders show good mentality, but remain cautious in stocking up, which presses market price.

In the molybdenum concentrate market, spot supply reduces while downstream enquiries increase, plus with the support of environmental protection policy increasing production cost, traders are optimistic about the market. Demand for ferro molybdenum also increases, boosting market confidence. Thus ferro molybdenum price picks up. Due to quiet trading in terminal market, prices in molybdenum chemical and product market stabilize.

Prices of molybdenum products on Apr. 25, 2018

Picture of molybdenum disulfide

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