China’s Domestic Molybdenum Price - April 3, 2023

At the beginning of the week, China’s domestic molybdenum price generally maintained a sideways arrangement.

Stimulated by the sharp drop in the prices of most molybdenum products in the early stage, the enthusiasm of downstream users to enter the market for inquiries and purchases has increased recently. To avoid the risk of cost inversion and supported by the good development of the molybdenum downstream industry, many suppliers have a slightly stronger sense of quotation. 

Currently, the prices of molybdenum concentrate, ferromolybdenum and ammonium tetramolybdate are about 3,000 yuan/ton, 200,000 yuan/ton and 205,000 yuan/ton.

Prices of molybdenum products on April 3, 2023

Picture of TZC piercing plug 

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