Sodium Molybdate Price - Sep. 22, 2017

Molybdenum price in China is hard to rise in the short term as market trading atmosphere is sluggish. The latest price of molybdenum concentrates, sodium molybdate and ammonium heptamolybdate keep stable. 

Businesses bullish on the price while demand more delicate in the molybdenum market. In molybdenum concentrate market, price keeps firm thanks to the environmental protection inspection restricting production. But it will maintain wait-and-see operations in the short term affected by sluggish market trading. Weakness in the steel market affects the expectation of steel biddings in the afternoon market and mentality of ferromolybdenum factories changes. Molybdenum and alloy chemical market remain stable for the moment.

Price of molybdenum products on Sep. 22, 2017

Picture of FeMo powder

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