Molybdenum market quotation in China: molybdenum oxide, molybdenum concentrate and ammonium molybdate prices are unchanged in the first trading day after cemented carbide rods the holiday of Tomb-Sweeping Day.

In the context of the complex and severe global economic situation, buyers and sellers entered the market with general operating emotions, which made it difficult to increase the volume of transactions. However, due to the optimism of emerging market development expectations, there are still some businesses that have greater hopes for the future market. molybdenum concentrate price has temporarily stabilized at around 1,660 yuan/ton, mainstream price of molybdenum iron is about 113,000 yuan/ton, and the price of molybdenum oxide is about 1,760 yuan/ton.

Prices of molybdenum products on April 6, 2021

Picture of molybdenum concentrate

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