China Molybdenum Oxide Prices - Feb. 20, 2020

The ferro molybdenum, sodium molybdate and molybdenum oxide prices are in the downward trend due to bad mentality of traders and sluggish market demand. In the molybdenum concentrate market, the demand does not increase while the supply is sufficient, further weakening confidence of keeping firm offers of suppliers. 

In the ferro molybdenum market, the overall trading atmosphere is not good. Although the epidemic has been effectively controlled, some steel companies have not yet resumed normal production, which has made it more difficult to stabilize product prices. The molybdenum chemical and its products market is weak. Most sellers make offer rationally and product prices are unchanged.

Prices of molybdenum products on Feb. 20, 2020

Picture of molybdenum bar

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