Ferro Molybdenum Prices - October 11, 2019
- Details
- Category: Molybdenum's News
- Published on 11 October 2019
- Written by Shuxia
- Hits: 165
Molybdenum market quotation in China: the latest prices of ferro molybdenum, sodium molybdate and molybdenum oxide dropped slightly in the week ended on Friday October 11, 2019. After the holiday, downstream and upstream companies are not active in trading and the transactions are hardly concluded.
In terms of molybdenum concentrate, the overall transaction volume is general. Under the influence of interlaced negative and positive factors in the market, many mining companies have slightly shaken their confidence in price, and the quotation is more chaotic. In terms of ferromolybdenum, there are fewer orders in the bulk market, and steel mills enter the market slowly. The intermediate smelting producers mostly focus on cautious operation, reducing the risk of price inversion; molybdenum chemical and its products market is still weak, the wait-and-see attitude of buyers and sellers is still strong. In the short term, product prices would not be changed sharply.
Prices of molybdenum products on October 11, 2019
Picture of molybdenum powder
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