[Ferro-Alloys.com]The supply of molybdenum concentrate is tight and the quantity of steel biddings at the end of May increases, which offers support to the supply side.

[Ferro-Alloys.com]The supply of molybdenum concentrate is tight and the quantity of steel biddings at the end of May increases, which offers support to the supply side.

[Ferro-Alloys.com]Insiders hold different views toward Chinese molybdenum market: stabilization or decline, according to research from Ferro-Alloys.com.

[Ferro-Alloys.com]Molybdenum raw material supply and terminal demand refuse to budge, traders hold different views toward on the afternoon market,

[Ferro-Alloys.com]According to incomplete data statistics, the total output of molybdenum concentrate from January to April 2018 was 60,007 tons.

[Ferro-Alloys.com] According to the statistics of the customs, the total export of FeMo in China was 4,406.64 tons from Jan-Mar,2016 to Jan-Mar,2018.

[Ferro-Alloys.com]Chinese molybdenum price remains unchanged opening this week as a subsequence of different mentalities of downstream and upstream of the industry chain and lower international molybdenum price weakening market confidence.

[Ferro-Alloys.com]On May 8th, the daily European molybdenum oxide assessment fell to $11.5-12/lb from $12.1-12.3/lb while the daily European ferromolybdenum assessment moved to $29.1-29.4/ kg from$29.7-29.9/ kg.