Molybdenum Price in China - May 25, 2020

Molybdenum price in China maintains stability on May 25, 2020 compared with last week on quiet market trading and cautious sentiment of market participants. 

First, downstream users' enthusiasm for receiving goods has increased after the prices of most molybdenum chemical products fell sharply last week, coupled with the gradual increased operating rate of foreign companies, sellers keep firm offers; Secondly, under the favorable atmosphere of the Two Sessions, the steel companies' consumption sentiment rose slightly, which will play a certain role in boosting the future market.

Prices of molybdenum products on May 25, 2020

Picture of ferro molybdenum

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