Molybdenum Disilicide Price - May 31, 2018
- Details
- Category: Molybdenum's News
- Published on 31 May 2018
- Written by may
- Hits: 420
In Chinese molybdenum market, market offers have been remained weak recently due to unclear new round of tender for steel mill and weak ferro molybdenum market.
Molybdenum price shows stable, benefiting from tight supply in the molybdenum concentrate market but constrained by weak terminal demand. Affected by the environmental protection inspections and thin trading volumes, market participants mainly hold wait-and-see mentality and prices maintain stability in the downstream chemical and product market.
Shanxi Taigang calls for bids for 520 tonnes of ferro molybdenum in June, with price of RMB 108,500 per tonne, down RMB 300 per tonne from last round; Xiangtan Iron & Steel Group tenders 100 tonnes of ferro molybdenum in RMB 108,000 per tonne, down RMB 500 per tonne compared with last round.
Prices of molybdenum products on May 31, 2018
Picture of molybdenum disilicide
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