Ferro Molybdenum Price - Mar. 12, 2018
- Details
- Category: Molybdenum's News
- Published on 12 March 2018
- Written by may
- Hits: 192
The concentrated steel biddings made stocks of most ferro molybdenum manufacturers remain at a low level in the short term and considering cautious attitude of most traders, ferro molybdenum price is expected to maintain stability and trading may increase this week.
Molybdenum chemical and product enterprises will put high-price raw materials into production and product quotations are being tried to rise. If the orders keep increasing, market price would be the same trend.
China’s news positive side is continuing. At present, the presales in many large tungsten mines last to mid-to-end of March and market participants are bullish on market price. Under the strong rigid demand, molybdenum raw material prices are expected to rise this week.
Prices of molybdenum products on Mar. 12, 2018
Picture of ferro molybdenum
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