Ferro Molybdenum Price - Oct. 11, 2018

ferro molybdenum pictureDomestic molybdenum price is stable in good operation. Multiple positive factors superimpose, and manufacturers' mentality is optimistic. 

First, the spot resources in the raw materials market shortage makes up part of the terminal demand negative impact; Second, steel mill bidding, and ferro molybdenum bidding price rise, which boosts the market's reluctance to sell; Third is the impact of environmental protection actions in Liaoning and Henan, and the expected positive signals of raw material supply and cost; Fourth, the international molybdenum price stable small - rise trend is also a positive reflection of the domestic market.

The information showed that Shanxi Tai-gang tendered 200 tons of ferro molybdenum in October 2018, and the acceptance price of the tax-included factory was 133,000 yuan/ton, up by 1,000 yuan/ton from the previous month.

Prices of molybdenum products on Oct. 11, 2018

ferro molybdenum price picture

Picture of ferro molybdenum

ferro molybdenum picture

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