China Ferro Molybdenum Prices - Dec. 18, 2019
- Details
- Category: Molybdenum's News
- Published on 18 December 2019
- Written by Shuxia
- Hits: 195
Molybdenum market quotation in China: the latest of molybdenum concentrate, molybdenum oxide and ferro molybdenum prices are unchanged from the previous trading day due to cautious sentiment of market participants.
In the molybdenum concentrate market, the overall purchase and sales are relatively quiet. Under the situation of insufficient raw material inventory and weak downstream users' purchasing sentiment, some mining companies have suspended their quotes. In the ferromolybdenum market, the overall operation has remained stable, and the supply and demand sides have stalemated. Steel companies have not entered the market for inquiries and purchases, and intermediate smelting manufacturers have little sales pressure, so product quotations have been ranged narrowly.
the molybdenum chemical and its products market is temporarily stable. End customers are mostly on-demand procurement. Supported by the tight supply of raw materials, suppliers are generally more psychologically supportive. As the atmosphere becomes stronger at the end of the year, the industry is more concerned about future demand.
Prices of molybdenum products on Dec. 18, 2019
Picture of ferro molybdenum
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