China Ferro Molybdenum Price - Jan. 9, 2020

Molybdenum market quotation in China: the latest of molybdenum concentrate and molybdenum oxide prices edge higher while ferro molybdenum price is unchanged from the previous trading day on the stability in mentality of both buyers and sellers. 

Recently, buyers have generally maintained rigid demand and sellers have strong rised mentality due to the low inventory of molybdenum concentrates, the centralized release of tenders from steel mills, and no major news on the policy side. In the short term, the market is expected to keep the current trend. 

Prices of molybdenum products on Jan. 9, 2020

ferro molybdenum price image

Picture of ferro molybdenum

ferro molybdenum image

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