Chinese Molybdenum Prices - Dec. 21, 2018

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Category: Tungsten's News
Published on Friday, 21 December 2018 14:22

Chinese molybdenum prices remained weak adjustment in the week to Friday December 21, affected by capital shortage, quiet trading in the off season and poor performance in steel tenders. 

Downstream steel market is weak and thus steel mills delay their plans for ferromolybdenum tenders and make enquiries at lower prices. The continued weakness in the demand side is weakening market confidence. Owing to weak consumption for molybdenum raw materials, traders face difficulty in sales and compete with each other. Therefore, molybdenum prices are still in the downward trend.

Prices of molybdenum products on Dec. 21, 2018

Chinese molybdenum prices picture

Picture of molybdenum powder

molybdenum powder picture

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