Molybdenum Concentrate Prices - Jul. 17, 2019

Chinese molybdenum market remained stable with the support of firm prices of molybdenum concentrate and active inquiry for ferro molybdenum. Sellers now have strong rised mentality while downstream still is cautious. As a result, transactions are hardly concluded at high prices. 

The molybdenum concentrate market performs well on tightening availability of spot resources and limited production in mines. Most mining enterprises are reluctant to sell products. Tender prices for ferro molybdenum are stable with good momentum as downstream is active in inquiring. The market outlook is optimistic. At present, molybdenum chemical and product market is caught in wait-and-see atmosphere.

Prices of molybdenum products on Jul. 17, 2019

Picture of molybdenum powder

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