China Sodium Molybdate Prices - Nov. 13, 2019

Molybdenum market quotation in China: the latest prices of sodium molybdate, ammonium molybdate and ammonium heptamolvbdate declined slightly as a result of lukewarm demand in the market. 

First, the international molybdenum market has been in the weak situation for a long time, affecting market confidence of domestic; second, prices and quantity of steel tender failed to meet market expectation, coupled with the pressure of capital shortage, sellers' rised mentality is weakening; third, the policy side keeps quiet and terminal demand side seems hard to rebound; fourth, the supply of raw materials becomes tight as a result of stricter environmental protection, so the price decline is limited in the short term.

Prices of molybdenum products on Nov. 13, 2019

Picture of molybdenum wire 

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