Molybdenum Oxide Price - Oct. 24, 2017
- Details
- Category: Molybdenum's News
- Published on 24 October 2017
- Written by may
- Hits: 260
Molybdenum market quotation: Chinese molybdenum products price was weak on the whole last week amid molybdenum oxide price remained stable, due to the light trading in the market.
In the molybdenum concentrate market, as the environmental protection inspection becomes stricter, purchases in the downstream reduce and miners operate more cautiously; steel biddings in ferro molybdenum market have no show favorable news, so manufacturers tend to wait and see; in molybdenum chemical and alloy market, it gets support from the raw material side, but the demand in the terminal market is weak, so the quotation stabilizes for now. Taken together, the supply and demand in the domestic molybdenum market will be in a stalemate and products price will stabilize.
Price of molybdenum products on Oct. 24, 2017
Picture of molybdenum trioxide
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