China Molybdenum Price - Oct. 17, 2018

China molybdenum price continued to be strong. The recent environmental inspection and steel mill bidding are all promoting the supply and demand of molybdenum products to the positive direction. Supporting the business mentality is optimistic. 

At present, the primary market continues to reluctantly sell, and the raw material molybdenum mine is relatively tight. The partial reduction of production in smelters affects production capacity, and the overall enquiry activity of Molybdenum City is acceptable.

The news shows that Shandong Shouguang Giant Energy Special Steel has a new round of bidding for 30 tons of Ferro molybdenum, including tax acceptance price of 137,500 Yuan per ton, up 3,000 Yuan per ton from the previous round.

Prices of molybdenum products on Oct. 17, 2018

China molybdenum price picture

Picture of molybdenum disilicide

molybdenum disilicide picture

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