Molybdenum News Center

Molybdenum Bar Price - December 20, 2021

Molybdenum market quotation in China: sodium molybdate, ammonium heptamolvbdate and molybdenum bar prices increase slightly in the first trading day on December 20, 2021 driven by the sharp increase in the price of molybdenum concentrates last week.

However, near the end of the year, downstream users’ awareness of withdrawal of funds has generally increased, leading to an increase in orders Slightly slow. The current prices of molybdenum concentrate and ferromolybdenum are about RMB 2,330/mtu and RMB 156,000/ton, respectively.

In the news: According to data from the National Bureau of Statistics, the output of ten non-ferrous metals in November was 5.35 million tons, a decrease of 0.7% year-on-year; the output from January to November was 59.11 million tons, an increase of 6.3% year-on-year. Among them, the output of primary aluminum (electrolytic aluminum) in November was 3.1 million tons, a year-on-year decrease of 1.8%; the output from January to November was 35.45 million tons, an increase of 5.7% year-on-year.

Prices of molybdenum products on December 20, 2021

Picture of molybdenum bar 

Follow our WeChat to know the latest molybdenum price, information and market analysis.

• < Prev
• Next >