China Ferro Molybdenum Price - March 16, 2020
- Details
- Category: Molybdenum's News
- Published on 16 March 2020
- Written by Shuxia
- Hits: 140
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
Picture of ferro molybdenum
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