China Molybdenum Price - Oct. 22, 2018
- Details
- Category: Molybdenum's News
- Published on 22 October 2018
- Written by Shuxia
- Hits: 206
Molybdenum market quotation in China: At the beginning of the week, China molybdenum price remained stable. They were concerned about the situation of steel mills entering the bidding for ferro molybdenum in the second half of this month, and the impact of the environmental protection situation of the main producing areas on the smelter's production capacity.
At present, the overall market mentality is relatively optimistic. The high cost of raw materials and the tight supply bring stability and good news to the market. However, high risk accumulation and slow follow-up of terminal demand still bring certain cautious feelings to the downstream. The short-term market wait-and-see atmosphere is dominant, and molybdenum price is consolidating.
Prices of molybdenum products on Oct. 22, 2018
Picture of molybdenum powder
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