Molybdenum News Center

China Molybdenum Concentrate Price - Apr. 13, 2020

The ferro molybdenum price declined slightly while molybdenum concentrate price edged higher in China. The unstable international geopolitical situation has brought great uncertainty to the market, and the trading atmosphere at the sport market is good at present. 

In the molybdenum concentrate market, affected by the epidemic, most countries such as Peru have locked down. This has caused some molybdenum companies in these countries to fail to deliver goods, resulting in an increase in domestic market demand and trade. The business mentality is better; in the ferro-molybdenum market, the overall trading activity is relatively high, and downstream steel companies are more active in buying goods, but the price-pressing psychology is stronger, which makes the price of ferro-molybdenum products difficult to rebound; molybdenum chemical and product market is running smoothly, and stimulated by the favorable atmosphere in the upstream market, terminal demand increases, and suppliers are generally firm in their offers.

Prices of molybdenum products on Apr. 13, 2020

Picture of molybdenum powder

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