Ferro Molybdenum Price - Sep. 30, 2017

The latest price of molybdenum concentrate and molybdenum oxide is unchanged from the previous trading day while ferro molybdenum price declines slightly. Market confidence is hit by low bidding prices in steel mills and demand still remains weak, thus pessimistic is spreading in the molybdenum market. 

However, the low rate of operation in raw materials side supports market price. Domestic molybdenum price is expected to stabilize. Enterprises need to be more cautious in their operation before the National Day.

Price of molybdenum products on Sep. 30, 2017

Picture of ferro molybdenum

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