Ferro Molybdenum Price - June 12, 2019

In the China molybdenum market, molybdenum concentrate market keeps steadily with firm offers because environmental protection and mining enterprises limiting production are reducing the output. Ferro molybdenum market is caught in heavy wait-and-see atmosphere as quantity and prices of steel biddings fail to meet expectation of manufacturers, resulting in low buying interests of purchasers in replenishments. 

Sales and purchasers in the molybdenum chemical and product market keep quiet. The need for raw materials reduces as downstream factories consume slowly with negative sentiment. Transaction prices now are stable. 

Prices of molybdenum products on June 12, 2019

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