Sodium Molybdate Prices - September 10, 2019

The sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices in the Chinese market maintain stability at the beginning of September as the market is in a stalemate. 

In the molybdenum concentrate market, raw material prices remain at a high level. Under the influence of the shortage of molybdenum concentrate and the weak downstream demand, merchants have different views on the market outlook. Some people think that product prices can remain firm in the short term while others think prices may be slightly reduced. in the ferromolybdenum market, the overall state is not very optimistic. Under the situation that the demand for ferro molybdenum is relatively limited and the goods are not easy to get, smelters with high awareness of risk are difficult to quote. 

In the market of molybdenum chemical and its products, it is still flat. Due to the release of no major positive news in the market, the terminal customers' trading is difficult to improve, and the prices of mainstream products have not been updated.

Prices of molybdenum products on Sep. 10, 2019

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