Sodium Molybdate Price - March 22, 2021

molybdenum powder imageMolybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices are unchanged from the previous trading in late March due to deadlocked supply and demand. 

Orders in the tungsten concentrate market are acceptable as power limit and environmental protection reduce the output of concentrates. Mining enterprises are not will to reduce prices while buyers remain low buying appetite. The ferro molybdenum market faces pressure of price inversion because raw material prices are high but steel tender prices are low. Therefore, smelting factories are in a dilemma. The molybdenum chemical and product market keeps quite on cautious sentiment of both buyers and sellers. 

Prices of molybdenum products on March 22, 2021

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Picture of molybdenum powder

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