Molybdenum market in China today: the latest price of molybdenum concentrate, ferromolybdenum and molybdenum oxide is unchanged from the previous trading day.
Environmental protection still limits the production, supply of molybdenum concentrate remains tight, and the downstream steel market is in line for some consolidation. The demand for ferromolybdenum is limited. But, market participants generally believe that the demand for molybdenum in steel and iron alloy enterprises will continue to increase after the slack season. Domestic molybdenum market is expected to be stable with good momentum.
Prices of molybdenum products on Sep. 5, 2017
Product |
Content |
Price |
Molybdenum Concentrate |
45% |
1,380.00 RMB/MTU |
Molybdenum Oxide |
≥51% |
1,470.00 RMB/MTU |
Ferromolybdenum |
60% |
99,000.00 RMB/Ton |
- [Editor:Wang Linyan]
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