China Molybdenum Oxide Price - June 27

Molybdenum prices in China continue to keep stable as firm molybdenum concentrate market make sellers stabilize their offer levels. In the molybdenum concentrate market, large tungsten mines still maintained their new quotes at the beginning of this week. Although market trading seems inactive under tight supply and weak demand, most sellers take a watchful stance. 

Tenders for ferro molybdenum are not optimistic while prices for purchasing raw materials are high. Therefore, smelting factories are hard to quote, waiting for more directions. Weak consumption of terminal market and a summer break in international market recently press molybdenum chemical and product market.

Prices of molybdenum products on June 27, 2019

Picture of molybdenum oxide

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