Molybdenum Bar Price - November 11, 2019

Molybdenum market quotation: the latest prices of ferro molybdenum and molybdenum concentrate declined slightly while molybdenum bar price remained unchanged from last week on deadlocked supply and demand in the market. 

Most traders now face great pressure of sales with cautious sentiment. Downstream steel mills become more active in taking orders, ferro molybdenum companies also have higher enthusiasm in inquiry. Some insiders believe that the price of ferromolybdenum still lacks rebound strength, and other insiders believe that the price of ferromolybdenum may stabilize. 

Prices of molybdenum products on November 11, 2019

Picture of molybdenum bar 

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