Ferro Molybdenum Price - April 30, 2019
- Details
- Category: Molybdenum's News
- Published on 30 April 2019
- Written by Shuxia
- Hits: 204
China molybdenum prices remained stable before the holiday of May Day on good sentiment of traders. In the molybdenum concentrate market, sellers still have strong rised mentality due to tight supply, but considering the pressure of weak demand, tungsten concentrate price continues to stabilize, and traders are waiting for new offers from large mines.
The stabilization of steel tenders in April eases ferro molybdenum manufacturers’ pressure of price inversion, but without the support from terminal demand, market prices tends to stabilize. For molybdenum chemical and product market, firm production cost offers support for product prices and most traders wait for the market in May.
Prices of molybdenum products on April 30, 2019
Picture of molybdenum powder
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