Ammonium Heptamolybdate Price - Feb. 25, 2019

Molybdenum market quotation in China: It is going stable for the molybdenum price in this early week for the tension status is relieved of steel industry bidding and production capacity. Sales and producers are intended to reasonable to environmental supervision and balance between supply and demand. It shows a positive market status for the stable price of raw material molybdenum concentrate. 

Large companies listed different price, but not so ranged for the different market prediction and company policy and cost. Increasing inquires and shorter supplies have strengthened the confidence of suppliers. Limited inquiry but increased backend requirements and temporarily sorted bidding of steel industry bidding have led to the increasing confidence of producer but they are still cautious on the cost control.

Prices of molybdenum products on Feb. 25, 2019

Picture of ammonium heptamolybdate

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