Chinese Molybdenum Prices - July 12, 2019

Chinese molybdenum prices maintained stability in the week ended on Friday July 12, 2019 on active steel tenders and eased pressure of melting factories but cautious sentiment of traders. 

For molybdenum concentrate market, the heavy rains and environmental protection checks tightened the supply of raw materials, so sellers have strong rised mentality. But most downstream buyers take a watchful stance, so the market stabilizes. With the active steel tenders, inquiry in the ferro molybdenum markets increases and confidence is boosted.

Prices of molybdenum products on July 12, 2019

Picture of molybdenum powder

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