Ferro Molybdenum Prices - August 21, 2019

Molybdenum market quotation in China: the latest prices of molybdenum concentrate, molybdenum oxide and molybdenum bar still maintain stability on quiet inquiry and cautious sentiment of traders. The molybdenum concentrate market continues to be caught in imbalanced supply and demand, but most mining enterprises are optimistic. 

In the ferro molybdenum market, steel mills’ demand for ferro molybdenum is unstable, but manufacturers keep firm offers considering persistent tightening availability of raw materials. Orders in the molybdenum chemical and product market do not increase and terminal companies mainly consume current inventories, revisiting to high-price resources. So sellers are hard to make offers.

Prices of molybdenum products on August 21, 2019

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Picture of ferro molybdenum

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