Molybdenum Powder Price - Jul. 30, 2018

Opening this week, Chinese molybdenum prices go up slightly. Prices of ammonium molybdate and ammonium heptamolvbdate edge higher while molybdenum powder remains unchanged. 

Molybdenum mines reducing production to undertake repair and good performance in steel biddings help prices rise. At present, ferromolybdenum manufacturers show strong willing to increase offer levels. However, more insiders raise risk awareness when market prices climb. Trading volumes in the whole market are limited. 

Prices of molybdenum products on Jul. 30, 2018

Picture of molybdenum powder

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