Chinese Molybdenum Price - Jun. 06, 2018

Molybdenum quotation in China: new enquiries in the mines increase at the beginning of June, meaning more active trading in the molybdenum concentrate market. Prices for molybdenum concentrate remains stable. 

Ferro molybdenum market still faces cost overhang risks as steel bidding prices are weak and offers of manufacturers are hard to be raised. Under the deadlocked supply and demand, prices in the molybdenum chemical and product market stabilize and market participants are not interested in trading. In the short term, Chinese molybdenum price will maintain stability.

Prices of molybdenum products on Jun. 06, 2018

Picture of spraying molybdenum powder

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