Molybdenum Concentrate Prices - Feb. 25, 2020

Chinese molybdenum power, ferro molybdenum and molybdenum concentrate prices are unchanged from the previous trading day on deadlocked supply and demand in the market. 

In the molybdenum concentrate market, the overall activity is not high. Due to the limited demand of downstream ferromolybdenum manufacturers and the reluctance of most suppliers to reduce prices, the inquiry is quite quiet, and the price of raw materials is relatively stable. In the ferromolybdenum market, most sellers remain stable mentality and are reluctant to sell at low prices considering the poor performance of steel tenders. The molybdenum chemical and product market is quiet due to the weakness in the demand side but supported by the cost side. Traders keep firm offers with rare deals.

Prices of molybdenum products on Feb. 25, 2020

Picture of molybdenum wire 

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