China Ferro Molybdenum Prices - Sep. 24, 2019

The ferro molybdenum, sodium molybdate and molybdenum concentrate prices in China are unchanged from the previous trading day due to continued deadlocked supply and demand, cautious sentiment of traders and thin market trading. 

In the molybdenum concentrate market, raw material prices remain relatively high, and the pressure on downstream enterprises is affected by the high pressure of downstream enterprises. Most of the merchants are subject to long-term trading; Under the situation that the low-cost supply of raw materials is difficult to be purchased and most purchasers seeking low-price resources, smelting factories are under great pressure and try their best to avoid risk of loss. Mainstream product prices are low in the molybdenum chemical and its products market. With the pressure of funds, many traders have a slightly loosened mentality, and the transaction has generally started around the low level.

Prices of molybdenum products on Sep. 24, 2019

China ferro molybdenum prices image

Picture of ferro molybdenum

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