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International Molybdenum Prices – May 23, 2019

Posted by: Chris Na 2021-11-03 Comments Off on International Molybdenum Prices – May 23, 2019

International Molybdenum Prices – May 23, 2019

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Category: tungsten’s News
Published on Thursday, 23 May 2019 17:59

International molybdenum prices have been in the downward trend due to concerns around the US-China trade conflicts and a seasonal slowdown. Affected by that, domestic market is caught in heavy wait-and-see atmosphere. 

In addition, under the recent poor performance of steel mill bidding, the ferromolybdenum market shows different views on the outlook. The cost and supply sides get supported by tightening availability of tungsten concentrates but terminal buyers are not active in inquiry. Market transactions are hardly concluded with stabilized product prices in the current market. 

Prices of molybdenum products on May 23, 2019

Picture of molybdenum oxide 

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