Ammonium Molybdate Price - Dec. 07, 2018

In the Chinese molybdenum market, prices of molybdenum powder, ammonium tetramolybdate and ammonium molybdate maintain stability, affected by tight supply of raw materials but weak demand in terminal market. 

The sentiment in the tungsten concentrate market came under pressure and prices tended to stabilize after a period of decline. Steel mills delayed tender plans, weakening market confidence. The middlemen and downstream factories were still reluctant to purchasing upstream products, although there have some deals concluded. The transaction prices are in a relatively low level. Ad for molybdenum chemical and product market, due to limited operating rate and deadlocked supply and demand, market participants await for the next move in the market. 

Prices of molybdenum products on Dec. 07, 2018

Picture of ammonium molybdate

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