China Ferro Molybdenum Price - March 16, 2020

ferro molybdenum image The sodium molybdate, ammonium molybdate and molybdenum oxide prices in China decline slightly while ferro molybdenum price goes up opening this week. On the one hand, with the continued spread of new coronavirus all over the world, decreased demand weakens market confidence and thus some product prices were declined. 

On the other hand, under the influence of factors such as a slight slowdown in the global economic and a decline in international molybdenum price, the upward momentum of product prices is insufficient, but supported by the price of raw materials, a few suppliers still have strong confidence in their prices, and the trading activity remains active.

Prices of molybdenum products on March 16, 2020

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Picture of ferro molybdenum

ferro molybdenum image

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