China Molybdenum Concentrate Price - March 10, 2021
- Details
- Category: Molybdenum's News
- Published on 11 March 2021
- Written by Shuxia
- Hits: 103
Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices are unchanged from the previous trading day due to cautious sentiment in the market.
In the molybdenum concentrate market, as the sentiment of downstream users gradually heats up, bulk orders have increased slightly. The current molybdenum concentrate price is around 1,740 yuan/ton; in the ferro-molybdenum market, high-price sources are difficult to be concluded. Although steel companies start to carry out tenders, the bidding price is low, which greatly reduces the profit margin of the product, causing most suppliers to be unwilling to ship.
In the molybdenum chemical and its products market, the supply and demand are relatively balanced, and the price of molybdenum chemical products is mainly affected by the relationship between supply and demand. Influenced by the support of production costs, traders have a strong rised mentality.
Prices of molybdenum products on March 10, 2021
Picture of molybdenum concentrate
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