Molybdenum Oxide Price - Feb. 07, 2018
- Details
- Category: Molybdenum's News
- Published on 07 February 2018
- Written by may
- Hits: 228
Molybdenum market quotation in China: the latest price of molybdenum powder, ferro molybdenum and molybdenum oxide is unchanged from the previous trading day. Molybdenum raw material market has been quiet in the nearly two weeks, with fewer new increased orders. International molybdenum price continues to maintain at a high level and the supply in the domestic raw material market is short, making miners keep firm quotation.
Mines will maintain adequate inventories in the short term. On the one hand, it is uncertain for the market trend after the Chinese Spring Festival; on the other hand, mines need capitals at the year-end, so they would like to sell at low price. Downstream enterprises also are carrying out annual stocktaking, so the market transactions would not increase.
Prices of molybdenum products on Feb. 07, 2018
Picture of molybdenum oxide
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