China molybdenum prices started to rebound in the week began on Monday January 21 boosted by raised international molybdenum prices, annual shut downs of factories and increased prices and quantity of steel tenders.
Ferro molybdenum manufacturers have strong rised mentality under pressure of costs; molybdenum concentrate price edged slightly on tight supply, so sellers were reluctant to sell; molybdenum powder price also climbed with the support of raw material side and more smelting factories closed. On the whole, terminal demand is still weak and traders mainly take a watchful stance.
Prices of molybdenum products on Jan. 25, 2019
Picture of molybdenum powder
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