Molybdenum Powder Price - June 3, 2021

molybdenum powder image Molybdenum market quotation in China: sodium molybdate and molybdenum concentrate prices continue to increase while molybdenum powder price remains stable on June 3, 2021 affected by active steel tenders boosting market confidence. 

In the molybdenum concentrate market, supply and demand are still in a weak balance, and traders are cautiously waiting and watching, resulting in general trading activity on the market; in the ferro-molybdenum market, the willingness of steel companies to enter the market for inquiries is slightly higher, but the price is required to decline, resulting in little new increased orders; in the molybdenum chemical and its products market, the fundamentals are relatively good, and the supply of some molybdenum products is tight. The probability of substantial price concessions in the internal market is lower.

Prices of molybdenum products on June 3, 2021

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Picture of molybdenum powder

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