Molybdenum News Center

Ferro Molybdenum Price - August 4, 2020

The molybdenum oxide, ferro molybdenum and ammonium molybdate prices in the Chinese market continue to maintain stability when downstream buyers seek for lower prices and remain rigid demand. In the short term, prices of molybdenum chemical product are not likely to reduce sharply for most traders are trying to avoid the risks of price inversion. 

Insiders are optimistic about the outlook. First, the international molybdenum price stopped falling and started to stabilize, which effectively slowed down the flow of low-priced molybdenum raw materials into the country, and in turn gave investors a certain degree of confidence in keeping strong prices; second, affected by the deviation of capital liquidity and the weaker demand-side recovery, some companies have a strong awareness of capital withdrawal, so the transaction prices are mostly hovered around low levels.

Prices of molybdenum products on August 4, 2020

Picture of ferro molybdenum

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

• < Prev
• Next >