Molybdenum Powder Price - December 21, 2020

China molybdenum oxide, ferro molybdenum and molybdenum powder prices maintain stability at the beginning of the week. 

Under the continuous influence of many positive and negative factors, international molybdenum prices have shifted upward recently and domestic molybdenum product prices have also risen accordingly. Generally speaking, the probability of downward adjustment of market price is low in the short term. 

At Tungsten Cemented Carbide present, with the gradual decrease of global temperature and the tightening of environmental protection policies, the release of production capacity of molybdenum enterprises has also been reduced, resulting in a relatively tight supply of molybdenum concentrate. However, due to the fact that some steel companies are still under maintenance, the demand from ferromolybdenum businesses is not very high recently, it is difficult for product prices to rise sharply.

Prices of molybdenum products on December 21, 2020

Picture of molybdenum block

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