China Molybdenum Oxide Price - April 9, 2020
- Details
- Category: Molybdenum's News
- Published on 10 April 2020
- Written by Shuxia
- Hits: 111
Molybdenum market quotation in China: the ferro molybdenum price declines slightly while prices of molybdenum concentrate and oxide edge higher when insiders hold different views on the outlook.
In the molybdenum concentrate market, due to low raw material stocks, molybdenum companies are generally hesitant to sell their products. In addition, with the early arrival of the maintenance season, the market outlook is expected to be good. The ferro-molybdenum market is not active. Under the background of strong demand for low prices of buyers and relatively high raw material prices, traders mostly focus on long-term transactions, and the price adjustment is narrowed. In the molybdenum chemical and its products market, the prices of most molybdenum compounds have remained stable. But molybdenum oxide price was boosted by the shutdown of molybdenum oxide processing plants in Mexico in April.
Prices of molybdenum products on April 9, 2020
Picture of molybdenum rod
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