Molybdenum market quotation in China: the latest prices of molybdenum oxide, ammonium molybdate and ammonium heptamolvbdate are unchanged from the previous trading day. In the molybdenum concentrate market, the supply from mines is limited, so the availability of raw materials remains tight, coupled with stabilized offers from large tungsten companies, prices in the raw material side keep at a relatively high level.

For ferro molybdenum market, steel mills become less interested in tenders and downstream are also not active in inquiry, which weakens confidence of market participants. Considering limited inventories of raw materials and high cost of replenishment, tungsten carbide strips most manufacturers take a watchful stance and stabilize their offer levels.

Prices of molybdenum products on May 28, 2019

Picture of molybdenum trioxide

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Posted by: jasonagnes at 07:52 AM | No Comments | Add Comment
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