According to Chinatungsten Online, the price trend of ferromolybdenum shocked up in July 2023, with the average price of RMB4,038/ton-degree, up about 3.19% sequentially and 47.48% year-on-year.From January to July 2023, the average price of molybdenum oxide in China was RMB4,165/ton-degree, up about 51.73% year-on-year.
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