Chinese Molybdenum Prices - Nov. 22, 2018

Chinese molybdenum prices remain stable in the week to Tuesday November 22 as the move in steel biddings is unknown and market participants are awaiting for the next move in the market. 

In the tungsten concentrate market, prices supported by tight supply and high production costs hover around offer levels in the major tungsten production areas. For ferro molybdenum market, enquiry becomes active, but actual consumptions need to be followed. Under deadlocked supply and demand, chemical and product market is caught in wait-and-see atmosphere. 

Prices of molybdenum products on Nov. 22, 2018

Picture of molybdenum powder

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