The latest prices of sodium molybdate and ammonium heptamolvbdate rose slightly earlier in this week while molybdenum bar price edged lower in Chinese market. The production in mines increases, but the demand remains weak. The deadlocked supply and demand make businesses more cautious on trading. Moreover, steel tenders for ferromolybdenum becomes quiet. Market participants tend to wait and see.
Prices of molybdenum products on Sep. 10, 2018
Picture of sodium molybdate
Follow our WeChat to know the latest molybdenum price, information and market analysis.