Sodium Molybdate Price - Sep. 19, 2017

Molybdenum market in China stabilizes as market participants with good expectation for afternoon market wait for new orders from customers. 

The latest price of sodium molybdate and ammonium molybdate edge higher while molybdenum concentrate price remains steady. In the molybdenum concentrate market, buyers and sellers refuse to budge. The raw material side supports high price, but less orders in the downstream make sellers give up rise in price. Ferromolybdenum market is waiting the demand from steel mills, featuring stabilization. And there is a lightly rise in the chemical and alloy market. On the whole, mentality in the molybdenum market to be good and marketers are waiting for a further breakthrough of demand.

Price of molybdenum products on Sep. 19, 2017

Picture of sodium molybdate

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