Ferro Molybdenum Price – July 13, 2021
- Category: tungsten‘s News
- Published on Wednesday, 14 July 2021 19:15
Molybdenum market quotation in China: ferro molybdenum, molybdenum oxide and concentrate prices continue to rise in July 13, 2021. Under the combined effect of the supply, demand and policy side, the activity in the market has increased.
In the molybdenum concentrate market, the fundamentals of supply and demand are strong. In the case of limited raw material mining, downstream users are still motivated to receive goods, which is the main reason for the increased price awareness of the holders. In the ferromolybdenum market, the market is relatively optimistic, and the upstream is bullish. Strong sentiment and high willingness to bid for steel companies have greatly boosted the trading confidence of ferromolybdenum merchants. In the market of molybdenum chemicals and its products, the overall stable operation is maintained, and buyers and sellers are mainly cautious and wait-and-see, that is, end customers maintain rigid demand, and suppliers have a heavier mentality to cover their goods and wait for the rise.
Prices of molybdenum products on July 13, 2021
Picture of molybdenum block
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