China Ammonium Molybdate Prices - August 13, 2019

The sodium molybdate and ammonium molybdate prices in China are unchanged from the previous trading day on strong rised mentality of raw material manufacturers, cautious sentiment in the demand side and limited transactions. 

In the molybdenum concentrate market, the atmosphere of enquiry is still relatively good. Under the background of shortage supply of raw material, most holders raise prices and the demand for the market is expected to improve. The ferromolybdenum market remains stable. The bidding price of steel mills has declined. Due to the continued tightness of upstream supply, the views of traders have diverged. Some small and medium-sized businesses have taken a small price cut, while mainstream middle smelters have raised their sentiment.

Prices of molybdenum products on August 13, 2019

Picture of molybdenum powder

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