Enquiry in the international molybdenum market is increasing while supply in the spot market remains tight and price keeps rising. Molybdenum market in China is quiet amid transactions are fewer and most traders stop making shipments due to the transportations.
As for the molybdenum concentrate, molybdenum concentrate is short and manufactures without stocks pressure have good mentality. Affected by the high upstream product prices, most enterprises of molybdenum chemical and products keep firm quotation. Molybdenum market in China will soon be closed, so the price will stabilize.
Prices of molybdenum products on Feb. 08, 2018
Picture of molybdenum concentrate
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