China Molybdenum Oxide Prices - Mar. 3, 2020

The ferro molybdenum and molybdenum oxide prices in China remain weak adjustment when market participants take a watchful stance with the impact of uncertain factors in the market. Now market transactions are hardly to be concluded. 

For molybdenum concentrate market, molybdenum ore enterprises are not optimistic about the outlook, but with the support of high production cost, offers are stable. The ferro molybdenum market stabilizes supported by relatively active steel tenders. The product prices will be adjusted according to new guide prices. Most molybdenum chemical products keep firm offers, but deals are affected by the persistent weakness in the demand side.

Prices of molybdenum products on Mar. 3, 2020

Picture of molybdenum oxide 

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