Molybdenum News Center

China Molybdenum Powder Prices - September 20, 2019

Molybdenum market quotation in China: the sodium molybdate, ammonium heptamolvbdate and molybdenum powder prices maintain stability in the week ended on Friday September 20, 2019 on deadlocked supply and demand in the market. 

In terms of molybdenum concentrate, the market mentality is relatively stable, and the supply of raw materials continues to be tight, giving confidence to the mainstream mining companies to strengthen their quotations. However, some operators said that before the National Day holiday, the downstream manufacturers' stocking time may be slightly delayed, resulting in stopping quotation of some sellers. For ferro molybdenum market, it is slightly confusing, and the pressure is relatively large. In the context of the continued decline in steel tender prices and the low availability of molybdenum concentrates, many ferromolybdenum enterprises face the risk of cost collapse. The mentality is slightly different, but generally tends to wait and see; inquiry and transaction atmosphere in the molybdenum chemical and its products market is still light, the end user demand is difficult to improve, and the price of mainstream products is difficult to update.

Prices of molybdenum products on September 20, 2019

Picture of molybdenum powder

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