China Molybdenum Oxide Prices - Dec. 16, 2019

Molybdenum market quotation in China: the latest of molybdenum concentrate, ferro molybdenum and molybdenum oxide prices are unchanged from the previous trading day due to thin market trading the market. 

On the one hand, the variety of news is not clear enough. Traders take a watchful stance and purchase on demand, so new orders are limited. Short-term consumers tend to pay attention to the new round of tendering of steel mills. On the other hand, with the approaching of new year, the stocking sentiment of downstream steel companies has increased slightly, coupled with the tight supply of molybdenum concentrates, and upstream users are generally more price-conscious and unwilling to sell at low prices. The market may continue to remain stable in the near future.

Prices of molybdenum products on Dec. 16, 2019

Picture of molybdenum oxide 

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