China Ferro Molybdenum Prices - Apr. 28, 2020

ferro molybdenum image Molybdenum market quotation in China: the latest prices of ferro molybdenum, molybdenum bar and molybdenum oxide are unchanged from the previous trading day when the demand side is recovering.  

In the molybdenum concentrate market, the trading activity is relatively high. Affected by the coronavirus, there is still an imbalance between the supply and demand sides. The stock of molybdenum concentrate is low but downstream users are more active in purchasing goods, so it is difficult to get low-priced goods in the market; With the contradiction between the increase in the bidding volume and price of the steel mills and the insufficient supply of raw material molybdenum concentrate, the ferromolybdenum manufacturers generally have a good mentality, but they hope to increase prices; the market of molybdenum chemical industry and its products is stable on the whole. Under the influence of various uncertainties, end customers maintain just-needed purchases, while the quotations of holders are firm and market transactions are limited. 

Prices of molybdenum products on Apr. 28, 2020

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Picture of ferro molybdenum

ferro molybdenum image

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