Molybdenum Concentrate Prices - Aug. 28, 2018

The latest prices of molybdenum concentrate, sodium molybdate, ammonium molybdate and molybdenum bar go up on Tuesday August 28. Under the environmental inspection, large mines stop production to undergo repair, offsetting some disadvantages of weak demand. 

Prices of steel tenders rise and ferromoly manufacturers are willing to increase offer levels. In addition, higher production costs drive downstream alloy and product enterprises to raise molybdenum product prices. This week, China molybdenum market will be stable with good momentum.

Prices of molybdenum products on Aug. 28, 2018

Picture of spraying molybdenum powder

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