Ammonium Molybdate Price - Feb. 20, 2019

The latest prices of ferro molybdenum, ammonium molybdate, ammonium heptamolvbdate and sodium molybdate climbed slightly in the week to Wednesday February 20 in the Chinese market. 

Large molybdenum ore enterprises in Heilongjiang province raised their new round of offer levels. Affected by that, raw material sellers have strong rised mentality. in addition, steel mills are active in tenders of ferro molybdneum. Therefore, the good sentiment of businesses drives downstream chemical and product enterprises to raise product offers. The whole market prices move higher. 

With the influence of unstable economic environment at abroad and poor performance of manufacturing, terminal buyers remain cautious to purchase. While raw material side also exaggerates the influence of factories’ shut down. So how long will the price rise will last remaining unclear.

Prices of molybdenum products on Feb. 20, 2019

Picture of molybdenum powder

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