Sodium Molybdate Price - May 9, 2018

In China’s molybdenum market, prices remain unchanged, affected by the game between upstream and downstream of industry chain. At present, both sellers and buyers are difficult in selling and quoting, with heavy wait-and-see atmosphere. 

The tight supply of molybdenum ores raises sellers’ strong rised mentality, which presses ferromolybdenum manufacturers in rising material costs. The pace of steel biddings slows down, bid prices are low, plus the poor performance in terminal consuming, traders will remain low buying interest and prices would keep stable.

Prices of molybdenum products on May 9, 2018

Picture of sodium molybdate

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