August 19 European molybdenum prices fell, mainly because it is still in the summer break period, bulk purchase of molybdenum buyers have not yet admitted. Among them, the price of Western molybdenum (65-70% Mo) from the previous 42.75-44.1 US dollars / kg down to 42.5-43.5 US dollars / kg, so that traders intend to rejection of cash. Some market participants believe that next week, part of the European users will return to large-scale procurement of raw materials, when the molybdenum may be a turning point.

August 19 European barrels of molybdenum oxide prices from the previous 18.3-18.7 US dollars / lb molybdenum down to 18-18.3 US dollars / lb molybdenum. Recently traders have sold a batch of molybdenum oxide at $ 18.2 / lb molybdenum.