Chinese Molybdenum Prices - June 25, 2019

Chinese molybdenum prices were in a stalemate when most market participants paid more attention to offer levels of major mine enterprises and steel tenders for ferro molybdenum. Due to the persistent weakness in the demand side, manufacturers are not optimistic about the outlook but the tightening availability of raw materials and high production costs still support the market. In the short term, the market would stabilize. 

Prices of molybdenum products on June 25, 2019

Picture of ammonium molybdate

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