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[ferro-alloys.com] Molybdenum Oxide Price on Jul. 27, 2017

[ferro-alloys.com] Chinese molybdenum market is in stable at the beginning of this week, and there is small fluctuation of prices of products of molybdenum series.

[ferro-alloys.com] At the beginning of this week, molybdenum products in international market show weaker, but molybdenum market in China is relatively stable. On the aspect of molybdenum concentrate: inquiry in the market is active, however, traders in the in...

[Ferro-Alloys.com]The number of spot in the mines since this week has increased and the deal has fallen. The price of molybdenum products fell daily. 60%ferromolybdenum was quoted at RMB 72,000/ton, drop RMB 1000/ton; 40-45%moly concentrate was quoted at RMB1,...

[Ferro-Alloys.com]International moly price were falling endlessly, the daily European ferromolybdenum assessment dropped to $17.2-$17.6/kg(60%Local RMB 70,000-71,600/ton). Domestic steel mill in the tender triggered a big drop in ferromolybdenum retail market ...

[Ferro-Alloys.com]This week, the tender prices for steel mills in China continued to fall, which was difficult to discern at the bottom of the market. Domestic ferromolybdenum cost drop away from the state purchasing prices, raw materials at low prices were ha...

[Ferro-Alloys.com]Recently,international molybdenum price continued to drop sharply，the daily European ferromolybdenum assessment moved to $19.40-$19.60/kg from $19.50-$19.80/kg(Local RMB 79,700-80,005/ton).

[Ferro-Alloys.com]This week molybdenum ore under financial pressure had concluded the transaction due to take initiative price reduction. Trading volume of molybdenum concentrate were significantly better than last week. Off season of steel mill is approaching...