China Molybdenum Price - Oct. 19, 2018
- Details
- Category: Molybdenum's News
- Published on 19 October 2018
- Written by Shuxia
- Hits: 203
China molybdenum price showed a firm and stable trend in the week to Friday October 19. The tight spot supply in the market and the increase in ferro molybdenum price in the steel biddings led to a rise in sentiment, especially the price of ferro molybdenum stood at 140,000 yuan per ton.
However, with the accumulation of high-risk risks in the market and steel recruitment for the time being, the industry's mentality has gradually returned to rational and cautious. Under the support of the environmental protection situation and strong cost, the raw material market is still stable, but the demand-side procurement atmosphere is more wait-and-see. Recently, the molybdenum price high-level consolidation operation, looking forward to the performance of downstream steel recruits.
Prices of molybdenum products on Oct. 19, 2018
Picture of molybdenum disilicide
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