Molybdenum Bar Price – June 7, 2021
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- Category: tungsten‘s News
- Published on Monday, 07 June 2021 15:23
Molybdenum market quotation in China: ferro molybdenum, molybdenum powder and molybdenum bar prices continue to climb early in this week began on Monday, June 07, 2021 boosted by sharp rise in international molybdenum price and raised domestic confidence.
Moreover, downstream users also increase their inquiries, which is one of the reasons for suppliers to have strong rised mentality. At present, most insiders still have certain expectations for the warming up of the market in the future.
According to data from the China Federation of Logistics and Purchasing, the steel supply index continued to rise in May, an increase of 1.2 percentage points from the previous month. The overall supply for the month increased by 3.5% from the previous month, and the growth rate expanded by 1.2 percentage points from the previous month.
Prices of molybdenum products on June 7, 2021
Picture of molybdenum bar
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