Molybdenum Powder Price - Jul. 31, 2018

Details: Category: Tungsten's News; Published on Tuesday, 31 July 2018 14:38

The latest price of molybdenum concentrate, molybdenum powder and molybdenum oxide continues to go up slightly compared with last trading day, boosted by environmental checks tightening molybdenum raw materials. Low-price raw materials are rare and businesses are more reluctant to sell in anticipation of low production in mines.

Chinese molybdenum market will face greater risks when prices hike. And considering the relatively weak demand, insiders now become more cautious. Taken together, short-term molybdenum prices will continue to rise and traders wait and see movements from steel biddings.

Prices of molybdenum products on Jul. 31, 2018

molybdenum powder price picture