Molybdenum Concentrate Price - April 12, 2019

China molybdenum prices maintained stability in the first half of April. For the raw material market, miners have good sentiment with the support of tight supply and molybdenum concentrate price keeps at a relatively high level. Although trading atmosphere is quiet affected by weak demand, market participants have good expectations for the outlook under Chinese environmental protection policy. 

The stabilization of steel bidding prices lowers manufacturers’ trading activity, but boosted by raw material markets, most traders mainly take a watchful stance for the tenders of ferro molybdenum. 

Prices of molybdenum products on April 12, 2019

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Picture of molybdenum powder

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