Ferro Molybdenum Price - April 29, 2019

Opening this week, molybdenum prices in the Chinese market showed stabilization as good performance in steel tenders boosted market confidence to some extent. With the approaching of Labour Day, the pressure of price inversion in the ferro molybdenum market eased slightly, plus with stabilized molybdenum ore prices, downstream product prices `kept steady. However, terminal demand keeps quiet and the market would be caught in wait-and-see atmosphere. 

Prices of molybdenum products on April 29, 2019

Picture of molybdenum powder

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