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Ferro Molybdenum Price – August 17, 2020

Posted by: Chris Na 2021-11-06 Comments Off on Ferro Molybdenum Price – August 17, 2020

Ferro Molybdenum Price – August 17, 2020

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Category: tungsten’s News
Published on Tuesday, 18 August 2020 14:04

Molybdenum market quotation in China: the latest prices of ferro molybdenum, molybdenum concentrate and molybdenum oxide edge higher in the week began on Monday August 17, 2020 due short supply of raw materials. 

On the one hand, under the situation that the spot supply of molybdenum concentrate is tight and the downstream demand has increased, most molybdenum mining companies have little pressure to sell, and thus raised product offers; on the other hand, with the continuous development of the new and old infrastructure industries, the greater the amount of upstream molybdenum raw materials, the greater the amount of molybdenum raw materials used in the upstream, which will support the rise in raw material prices and promote the market atmosphere of molybdenum chemicals and their products.

Prices of molybdenum products on August 17, 2020

Picture of molybdenum block 

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