China Molybdenum Powder Prices - October 17, 2019

The latest ferro molybdenum, molybdenum concentrate and powder prices edged lower compared with last trading day due to heavy wait-and-see atmosphere. The molybdenum concentrate market now features declined prices and rare transactions limited by poor performance in the ferro molybdenum market. 

The ferro molybdenum market is under pressure affected by low trading activity of downstream and the weakness in the international molybdenum market. Most insiders worry about the outlook and expect the price to bottom out. As for the molybdenum chemical and product market, it is stable and manufacturer tend to stabilize their offers. 

Prices of molybdenum products on October 17, 2019

Picture of molybdenum powder

Follow our WeChat to know the latest molybdenum price, information and market analysis.