Molybdenum Bar Price - Dec. 25, 2017

Molybdenum market quotation: Chinese molybdenum market has been increase slightly recently amid the price of molybdenum concentrate, ammonium heptamolybdate and molybdenum bar rises greatly. 

Last week, influenced by the rising in international molybdenum prices, the mentality of Chinese people was generally better and the prices of products rose steadily. At the same time, steel biddings showed good signs, and some traders replenished shocks. Transaction prices of ferro molybdenum moved down the center of gravity. Molybdenum chemical and products prices also were increased, boosted by the rise in raw material price. But as the raw material supply remained tight, molybdenum enterprises were caught in heavy wait-and-see atmosphere. Before the New Year’s Day, the rise in molybdenum concentrate price will continue.

Prices of molybdenum products on Dec. 25, 2017

Picture of molybdenum bar

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