Ferro Molybdenum Price - Nov. 22, 2017

Molybdenum market quotation: the latest price of ammonium tetramolybdate, molybdenum oxide and ferro molybdenum is unchanged from the previous trading day. In the molybdenum market in China, demand and supply refuse to budge while the mentality of businessmen shows some optimism. 

Hengyang Valin Steel Tube, the latest quantity of ferromolybdenum biddings is 30 tons, with purchase price of RMB 95,800/ton. Enquiry from downstream market increases slightly, but the actual demand is following up slowly. Domestic molybdenum price will remain weak adjustment in the short-term.

Price of molybdenum products on Nov. 22, 2017

Picture of ammonium molybdate

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