China Molybdenum Prices - Aug. 15, 2019

The China molybdenum prices continued to maintain a stable and good trend when buyers and sellers took a watchful stance. For raw material market, the trading was good with persistent supply shortage. Mining enterprises were not willing to sell products and thus low-price resources in the market were limited. 

In the ferro molybdenum, affected by the slowdown in steel tenders and a price decline, deals were hardly concluded and some manufacturers were will to sell products. With the impact of upstream molybdenum ore markets, large companies now keep firm offers to avoid the risk of price inversion. The molybdenum chemical and product market is supported by the raw material side and maintains stability.

Prices of molybdenum products on Aug. 15, 2019

China molybdenum prices image

Picture of molybdenum powder

molybdenum powder image

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