Molybdenum Oxide Price - May 22, 2019

Molybdenum market quotation in China: the latest prices of molybdenum oxide, ammonium molybdate and ammonium heptamolvbdate are unchanged from the previous trading day. The tightening availability of sport goods in the raw material markets and weak consumption of downstream factories form a certain pressure of production on smelting factories. Plus with unstable trade environment impacts international market confidence, the tungsten market is expected to maintain stability. 

In China, JISCO called for bids for 150 tons of ferro molybdenum at RMB 122,000/t; Shaoguan Iron and Steel issued buy tenders for 60 tons at RMB 124,560/t; Baotou Steel Group issued buy tender for 260 tons of ferro molybdenum at RMB 121,500/t. 

Prices of molybdenum products on May 22, 2019

oxide molybdenum price image

Picture of molybdenum oxide

molybdenum oxide image

Follow our WeChat to know the latest molybdenum price, information and market analysis.

 

 

WeChat