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Molybdenum market quotation in China: the latest of molybdenum concentrate, ammonium molybdate and ammonium heptamolvbdate prices climbed on logistical constraints due to the coronavirus outbreak in Wuhan, China.

The supply of raw materials is tight, which boosts market confidence to some extent. In addition, with the impact of optimistic bidding volume and price of steel mills, the holders have strong rised mentality and firmed up their offers, and the prices of some molybdenum chemical products have risen slightly. However, affected by many factors, the operation of molybdenum chemical companies and logistics companies will gradually enter a normal state. Many industry insiders predict that the price fluctuations of products in the market may be small Cemented Carbide Blade in the future.

Prices of molybdenum products on Feb. 12, 2020

Picture of ferro molybdenum

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