Ferro Molybdenum Price - Sep. 25, 2017

Molybdenum market in China tends to rise in the afternoon market as the production capacity of molybdenum mine is markedly increasing and demand shows good signs. The latest price of molybdenum concentrate and ammonium tetramolybdate is unchanged from the previous trading day and ferro molybdenum price edges lower. 

Market demand is slowly recovering, but the quite market still makes operations cautious. Under the continuously promoting of supply-side structural reform and environmental protection inspection, molybdenum mine has seen rapid growth, so insiders are bullish on the afternoon market.

Price of molybdenum products on Sep. 25, 2017

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