The tightening availability of raw materials in the molybdenum concentrate market raises sellers’ rised mentality and product prices hover at a relatively high level. Market participants now focus on Chinese environmental checks and operating rate in major production areas.
Ferro molybdenum manufacturers have some expectations for prices and quantity of steel biddings. Buyers become active in trading, coupled with environmental checks limiting factories’ production, ferro molybdenum prices edge higher. Molybdenum chemical and product enterprises remain good mentality owing to low pressure of inventories.
Prices of molybdenum products on Oct. 10, 2018
Picture of molybdenum powder
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