Molybdenum Oxide Price - Nov. 16, 2017

Molybdenum market quotation: Chinese molybdenum price tends to be back on the rise supported by tight supply of raw materials and high environmental protection costs. But the actual transaction price of molybdenum concentrate, molybdenum oxide and ferro molybdenum still stabilizes. 

Recently, domestic molybdenum market has stabilized with good momentum, and then businesses increase their confidences in the afternoon market. However, downstream demand is not improved and large orders in steel factories are limited. As a result, it still has not enough energy for molybdenum price to rebound. Taken together, supply and demand will be in a stalemate and short-term molybdenum price will continue to maintain stability.

Price of molybdenum products on Nov. 16, 2017

Picture of molybdenum powder

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