China Molybdenum Bar Prices - Jan. 13, 2020

Molybdenum market quotation in China: molybdenum powder and molybdenum bar prices maintain stability while ferro molybdenum price edges higher. On the one hand, the supply of molybdenum concentrate is tight, supporting most traders' rised mentality. Low-price resources are difficult to be purchased at present. 

On the other hand, with the approaching of Chinese Spring Festival, downstream buyers are not active to stock up, mainly purchasing the actual needs. Market transactions are limited but purchasers fail to forcing prices down supported by high production costs. 

Prices of molybdenum products on Jan. 13, 2020

Picture of molybdenum bar 

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