Ferro Molybdenum Price - Oct. 18, 2018

Molybdenum market quotation in China: ferro molybdenum price maintains a stable situation. Supported by the price of steel mills in mid-October, coupled with the environmental protection situation, the overall supply of molybdenum primary market tends to be tight, and the business mentality is optimistic and the quotation is firm. 

At present, the positive factors of the market have been fully reflected in the high market prices, but the consumption capacity of the demand side is still to be confirmed, the downstream purchasing sentiment remains cautious and wait-and-see, and the molybdenum price rise is suspended.

Prices of molybdenum products on Oct. 18, 2018

Picture of molybdenum disilicide

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