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The latest price of molybdenum concentrate, ammonium molybdate and molybdenum oxide remains stability as the market is still in a stalemate. The last week before the National Day, Chinese molybdenum market continues to refuse to budge, demand fails to meet expectations in the golden September and raw materials price tends to decline. 

Supply shortage in the molybdenum concentrate market will support price strongly in the short term and ferro molybdenum market is waiting the results of biddings in the steel mills. Domestic molybdenum price will slightly deline in the following market.

Prices of molybdenum products on Sep. 28, 2017

• [Editor:Wang Linyan]