Sodium Molybdate Price - Sep. 28, 2018
- Details
- Category: Molybdenum's News
- Published on 28 September 2018
- Written by may
- Hits: 240
Molybdenum prices in Chinese market keep stable on the whole. Ferro molybdenum market faces pressure on lowered prices of steel biddings, but with the support of high raw material prices, traders hold good expectation for the market outlook.
China government crackdown on illegal production has tightened the availability of spot goods. The coming holiday of National Day slows down steel factories’ activities and thus trading volumes are affected.
It is worth noting that weak demand, smelters’ production under environmental protection would impact the market trend. In the short term, Chinese molybdenum market remains to be seen.
Prices of molybdenum products on Sep. 28, 2018
Picture of sodium molybdate
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