Molybdenum Powder Price - July 15, 2019

Molybdenum market quotation in China: ammonium molybdate and ammonium heptamolvbdate prices decline slightly while molybdenum price is unchanged from last week. In the molybdenum concentrate market, owing to continued heavy rains, mining becomes more and more difficult and the production of molybdenum concentrate is limited. Downstream buyers are active in inquiry, so sellers have good sentiment. 

For ferro molybdenum market, offers from manufacturers keep firm. Steel mills were relatively active in ferro molybdenum tenders last week, boosting confidence of manufacturers. The molybdenum chemical and product market is quiet in trading cautious in replenishing raw materials. But with the support of raw material markets, traders are reluctant to reduce prices.

Prices of molybdenum products on July 15, 2019

Picture of molybdenum powder

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