According to Chinatungsten Online, in June 2023, the price trend of ferromolybdenum was stable before falling and then rising again, with an average price of 251,143 yuan/ton, up about 5.46% YoY and 41.66% YoY. In the first half of 2023, the average price of ferromolybdenum in China was 275,831 yuan/ton, up about 57.38% YoY. In the second quarter of 2023, the average price of ferromolybdenum in China was 232,226 yuan/ton, down about 28.35% YoY and up about 28.42% YoY. down approximately 28.35% and up approximately 28.42% year-over-year.
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