Tungsten Concentrate Price - April 17, 2019
- Details
- Category: Molybdenum's News
- Published on 17 April 2019
- Written by Shuxia
- Hits: 150
Chinese molybdenum prices show signs of rise as the sentiment of businesses is boosted by the stabilization of products and good expectation for the outlook. In the tungsten concentrate market, large mine in Heilongjiang province increase their offer levels and thus market price edges higher.
The poor performance in steel biddings makes ferro molybdenum manufacturers cautious. Affected by tightening availability of low-price raw materials and downstream buyers forcing prices down, most traders wait and see. Molybdenum chemical and product manufacturers stabilize their product offers on firm costs in smelting factories and the strict control in factory inventories. On the whole, market participants now expect good for the cost of raw material and environmental protection, but the demand side needs to be improved.
Prices of molybdenum products on April 17, 2019
Picture of molybdenum powder
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