Chinese Molybdenum Prices - Feb. 11, 2020

Chinese molybdenum prices edged higher under the situation of various uncertain factors. The terminal side has the demand for the products while the raw material side is in short supply. 

At present, molybdenum chemical companies in various places have begun to resume production, but due to the impact of the novel coronavirus, domestic logistics system is greatly impacted, which affects the resumption time of most enterprises, also offer strong support for molybdenum chemical product prices. Recently, people in the industry are focusing on the resumption of production and the road closures in various places.

Prices of molybdenum products on Feb. 11, 2020

Picture of molybdenum ore 

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