China Molybdenum Concentrate Prices - Aug. 26, 2019
- Details
- Category: Molybdenum's News
- Published on 28 August 2019
- Written by Shuxia
- Hits: 143
Molybdenum market quotation in China: the molybdenum concentrate, molybdenum powder and molybdenum prices are unchanged from last week on heavy wait-and-see atmosphere.
For molybdenum concentrates, the market price remained at a high level. Due to the flatness of downstream market, the volume of bulk orders decreased. However, due to the tight supply of raw materials, most mining enterprises stabilized current offer levels; in terms of ferromolybdenum, product price has a callback phenomenon and steel mill's production profits were squeezed. Although the molybdenum concentrate cost was high, the small and medium-sized enterprises offered a small downward adjustment due to the continued pressure on the funds; trading atmosphere of traders in the molybdenum chemical and products market was still dull, and they continued to be cautious.
Prices of molybdenum products on Aug. 26, 2019
Picture of molybdenum concentrate
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