Molybdenum Concentrate Prices - April 19, 2019

China molybdenum prices were in a stalemate in the week began on Monday April 15. Large mines raised their offer levels, boosting market confidence, so molybdenum concentrate prices kept firm amid continuous prompt tightness. Affected by the good performance in the downstream, ferro molybdenum manufacturers with good sentiment tried to increase offers.

However, poor steel tenders and weak terminal demand also cooled purchasers’ enthusiasm in enquiry, international molybdenum prices declined slightly and dealers have different views on market outlook. Given that, the market was caught in wait-and-see atmosphere.

Prices of molybdenum products on April 19, 2019

Picture of molybdenum powder

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