China Ferro Molybdenum Price - July 13, 2020
- Details
- Category: Molybdenum's News
- Published on 13 July 2020
- Written by Shuxia
- Hits: 148
Molybdenum market quotation in China: ferro molybdenum and molybdenum oxide prices continue to decline due to a stalemate setting between the supply and demand sides. Downstream buyers seek for lower prices but upstream mainly take a watchful stance for higher prices. As a result, new orders are hard to increase.
Now market confidence is low due to weak consumer demand and downturn in the market economy. Suppliers make offers rationally and some prices of molybdenum chemical products dropped. In the short term, the market is expected to stabilize until a new guidance.
Prices of molybdenum products on July 13, 2020
Picture of molybdenum rod
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