China Ferro Molybdenum Prices - March 30, 2020

Molybdenum market quotation in China: the latest of molybdenum concentrate, molybdenum oxide and ferro molybdenum prices continued to decline in the week began on Monday March 30, 2020 due to quiet market trading and cautious sentiment of traders. 

In the context of various uncertain factors, the mentality of upstream is panic, and the prices of most products have been significantly reduced, which has played a greater role in supporting the enthusiasm of downstream users to stock up. On the one hand, the atmosphere of international molybdenum trading is weak, which has caused a large negative impact on the domestic molybdenum market. Buyers are hesitant to enter the market for inquiries; on the other hand, due to the impact of overseas new viruses, the export market is not optimistic.

Prices of molybdenum products on March 30, 2020

Picture of ferro molybdenum 

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