China Molybdenum Prices – June 6, 2019

China molybdenum prices remained stable in the week ended on Thursday June 6, 2019 when buyers and sellers have different opinions on the current situation of the tightness of raw materials and the lack of demand. As factories stopping production to undergo repair, tenders of steel mills and international trade negotiations have not been clearly defined, so most market participants mainly took a watchful stance.

The molybdenum concentrate market continued to keep firm, benefited from limited production of mines; ferro molybdenum market was in a stalemate owing to temporary quiet steel biddings and unstable international molybdenum prices. Manufacturers kept cautious sentiment, and tried to avoid risks of price inversion. Market trading did not increase. 

Prices of molybdenum products on Jun. 6, 2019

China molybdenum prices image

Picture of molybdenum powder

molybdenum powder image

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