Molybdenum Concentrate Price - January 4, 2021

Molybdenum market quotation in China: ferro molybdenum, molybdenum oxide and molybdenum concentrate prices rise slightly in the first trading day of the year 2021 (January 4, 2021) as consumers consider restocking and most moly chemical companies have strong rised mentality. At present, the industry's focus is on the volume and price of steel tenders. 

According to data from China Iron and Steel Association, from January to November 2020, China's steel price index averaged 103.85 points, down 4.0% from the same period last year; China's steel price index rose to 113.06 points at the end of November 2020, up 5.3 month-on-month. %, up 4.5% year-on-year.

Prices of molybdenum products on January 4, 2021

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Picture of molybdenum powder

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