China Molybdenum Price - Apr. 15, 2020

The molybdenum price in China keeps stable on quiet market trading and cautious sentiment of market participants. The molybdenum concentrate market stabilizes with the impact of stopping production to undergo repair of domestic factories and lockdown of some foreign countries. Molybdenum companies keep firm offers, paying attention to quotation from large mining enterprises. 

In the ferro molybdenum market, market inquiry becomes active and steel mills enter the market to tender ferro molybdenum, boosting market confidence. In addition, the prices of molybdenum raw materials are in a high level. Therefore, companies have strong rised mentality. As for the molybdenum chemical and product market, it is quiet without the support from the policy side and the impact of coronavirus. The terminal side remains weak.

Prices of molybdenum products on Apr. 15, 2020

Picture of molybdenum bar 

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