China Ferro Molybdenum Price - May 24, 2019

Molybdenum market quotation in China: the latest prices of ferro molybdenum, molybdenum concentrate and molybdenum powder maintained stability in the week ended on Friday May 24. On the one hand, most participants remained cautious sentiment on unstable trading environment and declined international molybdenum prices. On the other hand, insiders showed different attitudes toward market trend on unclear guide prices from steel tenders. 

In the molybdenum concentrate market, prices kept at a relatively high level owing to tight spot goods, stable trading volumes and good confidence of miners. But for ferro molybdenum market, with the influence of the decline in international ferro molybdenum prices and a slowdown in steel tenders, traders took a watchful stance. 

Prices of molybdenum products on May 24, 2019

Picture of molybdenum trioxide

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