Chinese Molybdenum Prices - Oct. 20, 2017

Molybdenum market quotation: Chinese molybdenum prices have been in a stalemate in recent months. In molybdenum concentrate market, environmental protection policy limits the production in mines as well as reduces the demand in downstream market. Trading volumes keep weak and sellers wait and see. 

For ferro molybdenum market, steel tender has not favorable news, the mentality of businesses is weak, and with the support of raw material side, the price will stabilize for the movement. Enquiry in the terminal market is less, manufacturers are reluctant to sell, so the price will remain the current trend in the molybdenum chemical and alloy market.

Price of molybdenum products on Oct. 20, 2017

Picture of molybdenum disulfide

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