Details: Category: Molybdenum's News; Published on 26 March 2018; Written by may; Hits: 153

molybdenum concentrate picture Most ferro molybdenum traders mainly waited and saw to reduce the trading as the new round of steel biddings was finished, coupled with the readjustment of international molybdenum price, ferro molybdenum market in China is expected to be in a stalemate this week.

Molybdenum concentrate price remained at a high level but would be under pressure because manufacturers would not replenish high-price raw materials when prices of ferro molybdenum products were weak. With the continuing consumption of deep processing enterprises, molybdenum powder price may climb and trading volumes may increase. Molybdenum market in China this week is likely to be deadlocked.

Prices of molybdenum products on Mar. 19, 2018

molybdenum concentrate price picture