China Sodium Molybdate Prices - Nov. 13, 2019

Molybdenum market quotation in China: the latest prices of sodium molybdate, ammonium molybdate and ammonium heptamolvbdate declined slightly as a result of lukewarm demand in the market. 

First, the international molybdenum market has been in the weak situation for a long time, affecting market confidence of domestic; second, prices and quantity of steel tender failed to meet market expectation, coupled with the pressure of capital shortage, sellers' rised mentality is weakening; third, the policy side keeps quiet and terminal demand side seems hard to rebound; fourth, the supply of raw materials becomes tight as a result of stricter environmental protection, so the price decline is limited in the short term.

Prices of molybdenum products on Nov. 13, 2019

Picture of molybdenum wire 

Follow our WeChat to know the latest molybdenum price, information and market analysis.