Molybdenum Concentrate Price - September 1, 2020
- Details
- Category: Molybdenum's News
- Published on 01 September 2020
- Written by Shuxia
- Hits: 106
Molybdenum market quotation in China: ferro molybdenum, molybdenum concentrate and molybdenum oxide prices maintain stability when downstream remains rigid-demand and suppliers are looking for higher profits.
In the molybdenum concentrate market, the outlook is expected to be positive. The low demand from downstream merchants and the stabilization of international molybdenum prices have played a certain role in supporting the recovery of market confidence, so the molybdenum concentrate quotation will be firm.
The ferromolybdenum market is still under pressure. Under the support of firm raw material prices, holders are more willing to keep high product prices and reluctant to cut profits. At present, most manufacturers are patiently waiting for the next round of steel tenders; in the molybdenum chemical and its products market, on-site shipment is low, and the product price has not changed significantly for the time being, mainly due to the limited support from upstream market and insufficient terminal consumption capacity.
Prices of molybdenum products on September 1, 2020
Picture of molybdenum crucible
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