Molybdenum Dioxide Price - Jan. 10, 2018

Molybdenum market quotation: the latest price of molybdenum dioxide, molybdenum powder and molybdenum concentrate maintains stability. Trading volumes in the market are reducing and mines are reluctant to sell due to cold weather decreasing productivity in raw materials. While downstream enterprises are continuing the enquiries, price of molybdenum is high. 

Stocks of tungsten concentrate are tight with rare spot goods in the market, but some of regions have low-price raw materials entering the market. Approaching the Spring Festival, part of downstream enterprises start to accept high-price raw materials for stocking up. At present, insiders are bullish on the afternoon market. 

Bidding prices for ferromolybdenum are now high while trading is less in the ferromolybdenum market. Downstream chemical and finished products enterprises are gradually raising product quotations influenced by high raw material price. Accordingly, market price also increases. Chinatungsten Online forecasts that the upward trend in molybdenum price will go on.

Prices of molybdenum products on Jan. 10, 2018

Picture of molybdenum dioxide

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