China Ferro Molybdenum Price - May 31, 2019

Molybdenum prices in China maintained stability on the whole in the week began on Monday May 27. Ferro molybdenum price dropped slightly when steel biddings were relatively quiet. Strong expectations of tightening availability of molybdenum ores boosted confidence of sellers despite of continued weakness in the demand side. With the support of cost, factories were reluctant to reduce product profits, plus with the stabilization of international molybdenum prices, the market stabilizes in the short term.

Prices of molybdenum products on May 31, 2019

Picture of molybdenum oxide 

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