China Molybdenum Powder Prices - Jan. 21, 2020

The ferro molybdenum and molybdenum powder prices in China are unchanged from the previous trading day due to heavy wait-and-see attitude of traders and low trading activity in the whole market. Now most insiders focus on the demand in the terminal side and sales in the raw material markets after the holiday. 

First, most mining companies have already entered vacation status one after another, and they are not in a hurry to ship, keeping firm offers, so the overall market activity has declined. Second, with the approaching of the year, the transportation is affected a lot, most goods from Northern China can not be shipped at present. Market transactions are hardly concluded. Third, purchasers and sellers are in a stalemate with the impact of weak demand and bad pressure from the macro economic and trade news.

Prices of molybdenum products on Jan. 21, 2020

Picture of molybdenum powder

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