Chinese Molybdenum Prices - Dec. 21, 2018
- Details
- Category: Molybdenum's News
- Published on 21 December 2018
- Written by Shuxia
- Hits: 171
Chinese molybdenum prices remained weak adjustment in the week to Friday December 21, affected by capital shortage, quiet trading in the off season and poor performance in steel tenders.
Downstream steel market is weak and thus steel mills delay their plans for ferromolybdenum tenders and make enquiries at lower prices. The continued weakness in the demand side is weakening market confidence. Owing to weak consumption for molybdenum raw materials, traders face difficulty in sales and compete with each other. Therefore, molybdenum prices are still in the downward trend.
Prices of molybdenum products on Dec. 21, 2018
Picture of molybdenum powder
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