Ferro Molybdenum Price - Jul. 04, 2018

Details: Category: Tungsten's News; Published on Wednesday, 04 July 2018 14:06

The latest price of ferro molybdenum, molybdenum concentrates and molybdenum oxide edges lower compared with last trading day on quiet trading activity.

Affected by the off season, traders are negative about late trading volumes, although more deals done in the raw material market. Ferromolybdenum manufacturers face grave risks of cost overhang with the increase of prices and quantity in steel biddings. Molybdenum chemical and product enterprises keep offer levels and observing the game between supply and demand.

In July, Tianjin Pipe Corporation Limited was reported to issue buy tender for 400mt of ferro molybdenum with price of RMB 105,200/mt; Nanjing Iron and Steel is about to issue buy tender for 300mt in RMB 105,000/mt, down RMB 2,890-4,200/mt compared with last month.

Prices of molybdenum products on Jul. 04, 2018

Chinese molybdenum products prices picture