Molybdenum prices in China rebound slightly, boosted by the increase in prices and quantity of steel tenders and rised mentality of miners that start to stop production. After a long period of low-price consumption, raw materials become tight and manufacturers intend to increase profits. The rise in ferro molybdenum prices also drive molybdenum concentrate price to rebound. For downstream chemical and product market, the need for raw material is weak, but with good sentiment.
Prices of molybdenum products on Jan. 24, 2019
Picture of molybdenum powder
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