According to Chinatungsten Online, molybdenum oxide price trend in July 2023 rose shockingly, with an average price of RMB 257,095/ton, up about 2.37% sequentially and up about 48.94% year-on-year. The average price of ferromolybdenum in China from January to July 2023 was RMB 273,000 per ton, up about 56.13% year-on-year.
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