Ammonium Molybdate Price - June 21, 2019

Molybdenum market quotation in China: the latest prices of ammonium molybdate, molybdenum powder and molybdenum oxide remained unchanged in the week ended on Friday June 21, 2019 as the softened raw material market and low activity in steel biddings made insiders uncertain for the late market trend. 

In the molybdenum concentrate market, terminal buyers still remained low buying appetite, so the whole inquiry was low but the market still stabilized; as prices and quantity of steel mills for ferro molybdenum failed to meet market expectations, smelting factories took a watchful stance to avoid the rise of price inversion. Ferro molybdenum market kept thin. 

Prices of molybdenum products on June 21, 2019

Picture of ammonium molybdate

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