China Ferro Molybdenum Price - Jun. 18, 2019

China molybdenum prices are unchanged from the previous trading day on cautious market mentality. The factories have strong uncertainty about the recent steel tenders and downstream demand replenishment. So with the support of the cost side, the market stabilizes with rare transactions. 

For molybdenum concentrate market, the tightening availability still benefits the market but downstream buyers are cautious to take orders with quiet inquiry. The supply and demand are in a stalemate in the ferro molybdenum market, so manufacturers take a watchful stance for the trading environment at home and abroad. This week. The market would continue to stabilize.

Prices of molybdenum products on Jun. 18, 2019

Picture of molybdenum powder

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