Molybdenum Concentrate Price - Oct. 23, 2017

Molybdenum market quotation: The latest price of molybdenum concentrate and ammonium heptamolybdate is unchanged from the previous trading day while ferro molybdenum price rises slightly. 

Recently, the pursuit of stability begins to show up increasingly in the molybdenum market in China, and the shipments of mines become tight under the influence of environmental protection. At the same time, the idea of grasping goods instead of selling them become strongly in the merchants’ minds. In the ferromolybdenum market, steel biddings still have not released favorable news, ups and downs in steel prices makes unclear in the latter market, and businesses act cautiously. As for the molybdenum chemicals and alloy market, enterprises are reluctant to purchase, and trade volumes are light, thus businesses are caught in heavy wait-and-see atmosphere.

Price of molybdenum products on Oct. 23, 2017

Picture of FeMo powder

Follow our WeChat to know the latest molybdenum price, information and market analysis.

• < Prev
• Next >