Ferro Molybdenum Price - Mar. 18, 2019
- Details
- Category: Molybdenum's News
- Published on 18 March 2019
- Written by Shuxia
- Hits: 141
Opening this week, China molybdenum prices maintain stability. Supported by tightening availability of molybdenum concentrate, sellers have good confidence, but low-price resources are rare and high-price products are hardly concluded. Downstream intends to reduce production costs to ease their pressure. The market offers stabilize at present.
The mentality of ferromolybdenum market is mainly affected by the price of steel tenders. High production cost and the consumption of stocks has certain support for the mentality of ferro molybdenum manufacturers. Considering limited benefits from steel tenders, the rise in ferro molybdenum is pressed. Molybdenum chemical and product market stabilizes in the situation of deadlocked supply and demand. Factories remain low operating rate and mainly take a watchful stance for the late market.
Prices of molybdenum products on Mar. 18, 2019
Picture of molybdenum disulfide
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