Molybdenum Powder Price - May 7, 2019
- Details
- Category: Tungsten's News
- Published on Tuesday, 07 May 2019 19:05
The latest prices of molybdenum powder, ferro molybdenum and molybdenum concentrate remain stable in the Chinese market in early week when active steel tenders boosts market sentiment and supports production costs of manufacturers.
In the molybdenum concentrate market, the supply of spot ores is tight, large miners keep firm offer levels and purchasers are active in inquiry. The control in production of factories, consumption of inventories and good atmosphere in steel biddings ease weak demand pressure slightly and manufacturers show strong willingness of rebound. For molybdenum chemical and product market, firm cost side help the stabilization in downstream product prices. Most businesses have good sentiment.
Prices of molybdenum products on May 7, 2019
Picture of molybdenum powder
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