Chinese Molybdenum Prices - Nov. 07, 2018

Under Chinese environmental protection, the supply in the raw material market continues to be tight, but high product prices raise customers’ wait-and-see mentality. 

Currently, downstream enterprises remain low buying interests, and with the increase of profitable shipment in upstream, purchasers have larger space for bargaining. Most transactions are concluded at a relatively low level. In the short term, Chinese molybdenum prices are expected to decline slightly. Market participants would focus on the move in environmental checks and steel biddings. 

Prices of molybdenum products on Nov. 07, 2018

Picture of molybdenum disilicide

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