Sodium Molybdate Price - Jun. 01, 2018

sodium molybdate pictureThe supply of molybdenum concentrate is tight and the quantity of steel biddings at the end of May increases, which offers support to the supply side. The rise in international molybdenum price boost market confidence and businesses raise their rised mentality. 

However, the price of steel tender is weak, making ferro molybdenum price hard to be raised. Pressed by weak terminal demand, bidding is commonly seen in the molybdenum chemical and product market. Insiders hold negative view on the late market. On the whole, molybdenum market in China will stabilize in the short term, waiting for the clear guides from the environmental protection policy and steel biddings.

Prices of molybdenum products on Jun. 01, 2018

China sodium molybdate price picture

Picture of sodium molybdate

sodium molybdate picture

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