Chinese Molybdenum Price - Dec. 28, 2018
- Details
- Category: Molybdenum's News
- Published on 28 December 2018
- Written by Shuxia
- Hits: 245
Chinese molybdenum price continues its downward trend as bad trading atmosphere released by stainless steel market affects the whole market. Purchasers remain low buying appetite and seek for a lower buying price.
In December, offers from large tungsten mines, prices and quantity in steel bidding both disappoint market participants. Ferro molybdenum prices tend to lower than the production costs, which drag molybdenum ore prices down. With the approaching of New Year’ Day, environmental protection, demand, funds are still the focus of the market.
Prices of molybdenum products on Dec. 28, 2018
Picture of molybdenum powder
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