Molybdenum market quotation: the latest price of molybdenum concentrate, ferro molybdenum and ammonium molybdate is unchanged from the previous trading day. The 19th National Congress is held today, coming with the news of production limitation and stopping. It is reported that large mines in Heilongjiang province announced to stop production to undergo repair for twenty days. With the support of the news, prices of raw materials stabilize. But trading in downstream enterprises is in a stalemate, purchasers lack enthusiasm for entering the market. Besides, there have no good news from the steel biddings, thus short-term domestic molybdenum price will be under pressure.
Price of molybdenum products on Oct. 18, 2017
Picture of molybdenum powder
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