China Molybdenum Oxide Prices - on Apr. 16, 2020

Molybdenum market quotation in China: the latest prices of molybdenum oxide, molybdenum bar and ferro molybdenum maintain stability with the impact of good trading atmosphere in the international market. 

In the molybdenum concentrate market, the fundamentals are more optimistic and the demand side is performing better. Most molybdenum mining enterprises have a stable mentality. Although the bidding quantity of steel mills is considerable, the bidding price is low. In the case of relatively high raw material prices, the profits of ferromolybdenum merchants are greatly squeezed with transaction prices at about $14,411.8/t. the molybdenum chemical and product market is caught in wait-and-see atmosphere with stable prices.

Prices of molybdenum products on Apr. 16, 2020

Picture of molybdenum oxide 

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