Ammonium Molybdate Price - Jan. 02, 2019

Prices of ferromolybdenum, sodium molybdate and ammonium molybdate drop slightly on the first trading day of 2019 in the Chinese molybdenum market on heavy wait-and-see atmosphere of insiders.

On the one hand, large companies lower their offer levels of mines; on the other hand, funds and demand are under pressure in the steel market, resulting in the decline in prices and quantity of ferro molybdenum. Moreover, the unstable external trade environment also tungsten carbide bars affects trading activity at home and abroad.

On the whole, molybdenum solid carbide rods market in China is still under pressure. Market participants will mainly focus on the environmental protection inspection and stocking up of downstream enterprises.

Prices of molybdenum products on Jan. 02, 2019

Picture of molybdenum powder

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