Ammonium Heptamolvbdate Price - February 25, 2021
- Details
- Category: Molybdenum's News
- Published on 25 February 2021
- Written by Shuxia
- Hits: 89
Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices are in the upward trend on February 25, 2021 thanks to raw materials shortage and active trading activity.
The Covid-19 worldwide has been gradually controlled since February. Given that, steel companies have concentrated on bidding, and the bidding prices are relatively considerable, which has greatly increased market activity. In addition, driven by the sharp increase in international molybdenum prices during the Spring Festival holiday, domestic molybdenum concentrate price is currently at a relatively high position, which in turn increases the cash out of molybdenum mining companies.
At the end of January 2021, the China Steel Price Index (CSPI) was 123.03 points, down 1.49 points month-on-month, dropping by 1.20%; up 17.55 points year-on-year, increasing by 16.64%.
Prices of molybdenum products on February 25, 2021
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