Ammonium Molybdate Price - Mar. 29, 2018

The latest price of ferro molybdenum, ammonium molybdate and molybdenum concentrate declines slightly, affected by decreasing demand of steel mills and Sino-US trade friction. Facing the pressure from steel mills, ferro molybdenum market mainly trades low-price goods and price is falling. Considering manufacturers without plans in stocking up, most insiders believe that ferro molybdenum price still has room for declining. Whether the terminal demand can recover in April or not still remains to be seen.

Prices of molybdenum products on Mar. 29, 2018

Picture of ammonium molybdate

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