Ferro Molybdenum Price - Feb. 26, 2018

Molybdenum market quotation in China: the latest price of ferro molybdenum, molybdenum concentrate and molybdenum powder is unchanged from the previous trading day as the market has not yet recovered from the holiday.

Main big mines in China have fewer inventories before the Chinese New Year, even with negative state, so now they have no sales pressure. Spot supply remains at a low level. Besides, international molybdenum price is rising steadily, which makes miners more reluctant to sell. Market trading is thin except long-term orders.

Prices of molybdenum products on Feb. 26, 2018

Picture of ferro molybdenum

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