Ferro Molybdenum Prices - February 13, 2020

The molybdenum concentrate and ferro molybdenum prices in China maintained stability on Thursday February 13, 2020. Due to the effective control of the coronavirus, the transportation is gradually recovering and downstream users are likely to replenish stocks.

Under the background that some molybdenum chemical companies have resumed production, the tight supply of molybdenum concentrate has been greatly eased. Therefore, the price of products in the market may remain unchanged, and the market trading activity may be slightly increased. Recently, the industry is still very concerned about the development of the epidemic and the resumption of factories.

Prices of molybdenum products on Feb. 13, 2020

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Picture of ferro molybdenum

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