Molybdenum Powder Prices - July 11, 2019

Molybdenum market quotation in China: the latest prices of molybdenum powder, molybdenum oxide and ferro molybdenum are unchanged from the previous trading day on quiet market trading. In the raw material markets, molybdenum miners have reduced the production capacity of molybdenum ore due to the recent difficulty in mining, and the supply of raw materials is tight, which has prompted most holders to maintain their sale prices. 

In the ferromolybdenum market, the quotation continues to be stable, and upstream and downstream enterprises have different views towards the outlook. Mainstream steel mills become active in bidding and the market trading show signs of increase. The molybdenum chemical and products market is running stably. The offers for molybdenum oxide are different. Traders maintain the state of just-needed trading, and the performance of the transaction is poor. 

Prices of molybdenum products on July 11, 2019

Picture of molybdenum powder

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