Ferro Molybdenum Price - May 23, 2018
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- Category: Molybdenum's News
- Published on 23 May 2018
- Written by may
- Hits: 205
Chinese molybdenum prices are unchanged on heavy wait-and-see atmosphere in the market due to the new round of steel biddings.
In the molybdenum concentrate market, spot goods are tight, terminal demand remains weak and sellers are reluctant to sell. For ferro molybdenum market, production costs and demand refuse to budge in the whole industry chain and manufacturers are focusing on the coming of new steel biddings, so the market remains quiet.
ZPSS calls for bids for 120 tonnes of ferro molybdenum this week, up RMB 200 per tonne compared with last round; Shanghai Baosteel calls for bids for 60 tonnes at price of RMB 109,000 per tonnes, unchanged, according to the latest news.
Prices of molybdenum products on May 23, 2018
Picture of sodium molybdate
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