According to Chinatungsten Online, the price trend of ferromolybdenum in May 2023 first fell and then rose, with an average price of 238,143 yuan/ton, a month-on-month increase of 15.52% and a year-on-year increase of 33.19%. It is worth mentioning that the highest price of ferromolybdenum in May was about 252,000 yuan/ton, which was 11.01% higher than the lowest price of about 227,000 yuan/ton.
For more information, please visit: Overview of Chinese Molybdenum Market Price Trend in May 2023
Mo60 ferromolybdenum price chart in May 2023
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