Ammonium Tetramolybdate Price - Oct. 17, 2017

Molybdenum market quotation: The latest price of molybdenum concentrate, ammonium tetramolybdate and ferro molybdenum decline slightly as the callback of bidding prices in steel mills hurts market confidence.

 Tungsten concentrate market has slight trade, some of sellers reduce their profits for more orders; steel mills in ferro molybdenum market force down purchase enquiry; in molybdenum chemical and alloy market, enquiry from downstream enterprises is less and molybdenum products prices slow down following raw materials prices. Bidding prices failed to meet expectations of market participants, which will make molybdenum market remain weak adjustment in the short term.

Price of molybdenum products on Oct. 17, 2017

Picture of sodium molybdate

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