[Ferro-Alloys.com]Molybdenum prices were unchanged this week as market participants continued to keep hold of stocks in anticipation of demand from the bidding result of steel mill.

[Ferro-Alloys.com]In July 2016, China exported 763,000 kg Ferromolybdenum.

[www.ferro-alloys.com] Molybdenum oxide prices nudged higher again Thursday with trade buying interest seen in both Europe and Asia.

[Ferro-Alloys.com]This week, the international molybdenum market brisked up, especially in the European market, while China's molybdenum market was stable.

[Ferro-Alloys.com]The Platts daily dealer molybdenum oxide assessment edged higher Wednesday in thin summer trade as a spot oxide powder sale was concluded at $7.25/lb in-warehouse Rotterdam.

EXP Statistic of FeMo by Countries In June 2016, China

[www.ferro-alloys.com]This week, Chinese steel mills prices rise, which would provide strong support for molybdenum market. In addition, this was supposed to be an off season for molybdenum products but you seem to have enough here.

[www.ferro-alloys.com]Domestic molybdenum from upstream and downstream inquiry were slightly increased this week, especially transaction in the market of ferromolybdenum and molybdenum concentrate began to liven up, but it remains to be seen how molybdenum mar...