Molybdenum Concentrate Price - Jun. 17, 2020

molybdenum block image Molybdenum market quotation in China: molybdenum concentrate, sodium molybdate and ammonium heptamolvbdate prices still maintain stability owing to low trading activity of the whole industry and limited transactions. Now the insiders mainly focus on the steel tenders. 

The molybdenum concentrate market lacks liquidity. Although downstream's demand for raw materials is limited, mining enterprises have strong rised mentality. The ferro molybdenum market is under pressure as the time for steel tenders are postponed and low-price resources are difficult to purchase. But with the support of active development of new infrastructure projects and high cost of raw materials, ferromolybdenum merchants are not willing to cut profits. In the molybdenum chemical and its products market, terminal customers will not purchase immediately considering the continued spread of coronavirus and geopolitical risks. 

Prices of molybdenum products on Jun. 17, 2020

molybdenum concentrate price image

Picture of molybdenum block 

molybdenum block image

Follow our WeChat to know the latest molybdenum price, information and market analysis.


You are here: Home Molybdenum's News Molybdenum Concentrate Price - Jun. 17, 2020