Molybdenum News Center

Molybdenum Bar Price - July 12, 2021

Molybdenum market quotation in China: molybdenum powder, ferro molybdenum and molybdenum bar prices remain stable in the week began on Monday, July 12, 2021 affected by tight supply and improved demand. 

In the short term, insiders still are optimistic about the outlook, and most participants will keep cautious sentiment in actual operation. However, the hindrance of the rise in bulk commodity price and the general situation in the international molybdenum market are not conducive to the warming of China's molybdenum market.

In the news: In June, the national ex-factory prices for industrial producers rose by 8.8% year-on-year and 0.3% month-on-month; the purchasing prices for industrial producers rose 13.1% year-on-year and 0.8% month-on-month. In the first half of the year, the ex-factory prices for industrial producers rose by 5.1% year-on-year, and the purchasing prices for industrial producers rose by 7.1%.

Prices of molybdenum products on July 12, 2021

Picture of molybdenum bar 

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