Molybdenum Concentrate Price - May 26, 2020
- Details
- Category: Molybdenum's News
- Published on 27 May 2020
- Written by Shuxia
- Hits: 117
The molybdenum concentrate price goes up while prices of ferro molybdenum and molybdenum powder are unchanged from the previous trading day with good trading atmosphere and increased transactions in the market.
In the molybdenum concentrate market, the price of raw materials starts to bottom out when downstream users increase their replenishments, supporting the confidence of mining companies. The activity in the ferro-molybdenum market increases. Under the decline in ferro molybdenum prices last week and a new round of steel tender, companies have good sentiment and keep stable offers. The molybdenum chemical and product market stabilizes as buyers remain rigid demand. Manufacturers keep reasonable inventories and thus the price rise is difficult.
Prices of molybdenum products on May 26, 2020
Picture of FeMo powder
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