Ammonium Heptamolybdate Prices - Dec. 19, 2019

Chinese molybdenum powder, ferro molybdneum and ammonium heptamolybdate prices are unchanged compared with last trading day when downstream enterprises keep firm offers affected by tight supply of raw materials. 

In the molybdenum concentrate market, the production is limited with the continuous progress of environmental protection inspections in mines, which has a greater effect on boosting market confidence. In the ferro molybdenum market, it is generally in a weak balance between supply and demand. Downstream steel mills remain low demand for ferro molybdenum while smelting factories are difficult to purchase, so the whole market transactions are low. For the molybdenum chemical and product market, mainstream product prices stabilize and terminal customers are cautious with the influence of tungsten raw material markets.

Prices of molybdenum products on Dec. 19, 2019

Picture of ammonium heptamolybdate

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