Ammonium Tetramolybdate Price - Sep. 20, 2017

ammonium molybdate pictureMolybdenum market in China remains steady as there are no favorable factors in the fundamentals. The latest price of molybdenum concentrate, ferromolybdenum and ammonium tetramolybdate is unchanged from the previous trading day. 

Expectation for strong demand in the golden September is disappointed and raw materials supply is limited due to low rate of operation in mines, resulting molybdenum market in a stalemate. Orders in the downstream chemical and alloy market are limited, which will follow up raw material costs in the short term. Affected by the above factors and weak adjustment in the foreign market, domestic molybdenum price will stabilize.

Price of molybdenum products on Sep. 20, 2017

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