Molybdenum Oxide Prices - July 2, 2019

Molybdenum market quotation in China: the latest prices of molybdenum concentrate, molybdenum oxide and molybdenum bar maintain stability in early July on tightening availability of raw materials but persistent weakness in the demand side. Traders keep stable sentiment, waiting for the moves in fundamentals, policy, and news.

Recently, steel tenders for ferro molybdenum and offer levels from large mining companies perform well, offering support for quotation in the cost side. But transactions are hard to increase and purchasers worry the market demand. The whole market stabilizes in the short term. 

Prices of molybdenum products on July 2, 2019

Picture of molybdenum oxide 

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