International Molybdenum Prices - May 27, 2019

China molybdenum prices tend to stabilize, but the decline in international molybdenum prices and new prices of domestic steel tenders weaken confidence of smelting factories. For molybdenum concentrate market, miners slow down the pace of production and sellers maintain their rised mentality, so low-price resources are hardly got at present.

Considering decreased quantity and prices of steel tenders, ferro molybdenum enterprises become more cautious to terminal demand and trade environment, with low trading activity. Molybdenum chemical and product market keeps in line with the raw material markets, stabilizing their offer levels. The transactions also keep at a relatively stable level.

Prices of molybdenum products on May 27, 2019

Picture of molybdenum powder

Follow our WeChat to know the latest molybdenum price, information and market analysis.

• < Prev
• Next >