Molybdenum News Center

Molybdenum Price could Fall Below $24/kg

Molybdenum demand is still okay in some places such as Germany, but overall the picture doesn't look good. The molybdenum price could fall below $24/kg.

Traders said the weak demand for molybdenum has driven producers to sell at low prices to avoid taking bigger losses should prices drop further.

"Producers are selling now even at these prices. People have little faith that prices will rebound anytime soon," a third trader said.


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