Molybdenum Oxide Price - Feb. 28, 2018

In China, small and medium enterprises, traders have resumed work and the market activity becomes normal after the Chinese New Year. The well performance in international molybdenum market pulls domestic molybdenum price up.

In molybdenum concentrate market,, stocks of mines remain at a low level without sale pressure and strong rised mentality. Under the firm raw material quotation, ferro molybdenum enterprises are reluctant to sell. Most steel mills do not enter the market for biddings so the bidding movements need to be concerned for guiding the market. As for molybdenum chemical and products market, price follows up timely on high production cost.

Prices of molybdenum products on Feb. 28, 2018

Picture of molybdenum oxide

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