Molybdenum Market Quotation

Recently, the market of molybdenum raw material is stable than last month and the price of it is going up with small range. The whole molybdenum market is stable but because the market demand increase so the product supply of it is relativity tight. So the price of molybdenum also stable with little going up. The depress of steel did’t effect ferro-molybdenum market too much, but effect by raw material of molybdenum concentrate so the market price of ferro-molybdenum is stable. The market demand of molybdenum chemical, molybdenum products has normal performance. There are little transaction. Although, at the present molybdenum market didn’t have too much change but if steel industry going depress the molybdenum market will influence by it.
There are the average market price of molybdenum series products: molybdenum concentrate(content ≥45%): 770.00 RMB/ton; ferro-molybdenum: 55,000.00 RMB/ton; sodium molybdate: 45,000.00 RMB/ton; molybdenum oxide (content ≥51% ): 830,00 RMB/ton; molybdenum bar(content ≥99.95%): 177.50RMB/kg; molybdenum powder: 155,00RMB/kg; ammonium tetramolybdate (A-one quality): 60,000.00RMB/ton; ammonium heptamolybdate: 69,000.00 RMB/ton.
The quotation of molybdenum market: a series of first class molybdenum concentrate now is 770 RMB/ton. What’s more market inquire of molybdenum concentrate is increase and some research dada indicated that at the recently this kind of market is continue going up. Ferro-molybdenum mainly market price is 55,000 RMB/ton and there also exist some manufactures sale ferro-molybdenum at lower price. On the other hand, there are many manufactures nearly run out of storage and wait the time to purchase and storage. Form molybdenum series product downstream manufacturers is more stable and has little change. So the whole molybdenum market will go up and has bright prospect.
Recently oversea molybdenum market continue going up with small range and In China the market of molybdenum also getting better so the whole molybdenum market is stable. But some traders want to hold the raw martial of molybdenum concentrate for some market strategic reason so the supply are little tight and ferro-molybdenum price increase gentle. Molybdenum chemical trial inquires have little increase but finished molybdenum products market didn’t has large change.  
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