Chinese Molybdenum Prices - Sep. 18, 2018
- Details
- Category: Molybdenum's News
- Published on 18 September 2018
- Written by may
- Hits: 208
Chinese molybdenum prices tend to stabilize after a slight decline in previous stage. The environmental protection offers strong supports for the market, but steel biddings slow down and the demand remains weak. Therefore, insiders remain rational mentality and trading activity is slow.
ZPSS was reported to issue buy tenders for 100mt of ferromoly at RMB 129,000/t; Jiangsu Dragons planned to open tender 100mt of ferromoly at RMB 129,500/t in September; Jiuquan Iron & Steel Co. and AT&M-HSS issued tender for 200mt and 60mt of ferromoly at RMB 130,000/t and RMB 130,000/t, respectively.
Prices of molybdenum products on Sep. 18, 2018
Picture of sodium molybdate
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