Chinese Molybdenum Prices - June 11, 2019

Chinese molybdenum prices are stable but start to show signs of differences as the raw material market's environmental reduction, tight supply and high product prices differ from the slow buying of terminal market and weak downstream stainless steel market.

At present, market supply and demand is in a stalemate, cost and capital sides also perform poorly. Macro-industry policy and foreign trade consultations have great uncertainty. Traders have different attitudes toward the market outlook and recent purchases and sales operations on actual demand. This week, the market is expected to stabilize, waiting for the new offers from large mines and prices of ferromolybdenum in steel tenders.

Prices of molybdenum products on June 11, 2019

Chinese molybdenum prices image

Picture of molybdenum powder

molybdenum powder image

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