Ammonium Molybdate Price - Jan. 31, 2019

Molybdenum prices in China rise slightly, although low trading activity and soft demand ahead of the Chinese New Year holiday on February 4-10. Boosted by mines shutdown and increased offers of tender, molybdenum concentrate price edges higher. But without the support of transactions, the market also faces risks.

Ferro molybdenum cemented carbide price stabilizes as raw material tungsten carbide burrs prices rise slowly. The market faces risks when prices are at a relatively high level. Ammonium molybdate price got supported by the cost side. Considering thin market trading, molybdenum chemical and product market will wait and see.

Prices of molybdenum products on Jan. 31, 2019

Picture of ammonium molybdate

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