Molybdenum Oxide Price - August 3, 2020

Molybdenum market quotation in China: the prices of molybdenum oxide, molybdenum powder and ferro molybdenum keep stable in the first trading in August on deadlocked supply and demand and quiet trading activity. 

First, as the willingness of steel companies to enter the market for bidding continues to increase, traders’ pessimism has subsequently improved, and free market trading has increased; second, as the price of raw materials is close to the cost line and the international market has stabilized, downstream user's purchasing awareness has been slightly improved, which has played a certain role in supporting suppliers' firm offers.

Prices of molybdenum products on August 3, 2020

Picture of molybdenum rod 

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