Molybdenum Concentrate Prices - July 23, 2019

Molybdneum market quotation in China: the latest prices of ferromolybdenum, molybdenum concentrate and molybdenum oxide rise slightly because the supply of spot resources is in the shortage affected by production cuts of mines and environmental protection inspection. Most traders are optimistic about the market outlook. 

Inventories of molybdenum concentrate are low as a result of stopping production to undergo repair of mines in many major production areas. Terminal traders become active in inquiry and thus the whole market trading increases in the short term. Ferro molybdenum and molybdenum chemical and product markets also perform well at present.

Prices of molybdenum products on July 23, 2019

Picture of molybdenum powder

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