Sodium Molybdate Price - Nov. 08, 2017

Molybdenum market quotation: Chinese molybdenum prices continue to maintain stability this week amid the latest price of molybdenum concentrate, molybdenum oxide and sodium molybdate is unchanged from the previous trading day. While market transactions become more active than before. 

In last week, centralized tenders in the steel mills, though the current price is still hard to support the market, market trading is increasing, boosting the mentality of businesses. As present, the supply and demand in the tungsten concentrate market is in a stalemate, purchases in downstream market increase and trading becomes more active. As for the molybdenum chemical and alloy market, it still caught in heavy wait-and-see atmosphere, with fewer orders. 

Price of molybdenum products on Nov. 08, 2017

Picture of ammonium molybdate

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