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Sodium Molybdate Prices – Aug. 22, 2019

Posted by: Chris Na 2021-11-10 Comments Off on Sodium Molybdate Prices – Aug. 22, 2019

Sodium Molybdate Prices – Aug. 22, 2019

Category: tungsten’s News
Published on Friday, 23 August 2019 09:31

The sodium molybdate, ammonium molybdate and molybdenum oxide prices in the Chinese molybdenum market continue to keep stable. In the molybdenum concentrate market, although the recent demand of buyers has declined slightly, due to the difficulty of mining, the release of production capacity is relatively limited, manufacturers have not felt the pressure of inventory and prices keep firm.  

In the ferromolybdenum market, the overall supply and demand situation is weak. In the context of a slight decline in the tender price of steel mills and insufficient supply of raw materials from upstream enterprises, there is a certain gap between the quotations of intermediate smelters, and the actual purchase and sales are relatively calm; the molybdenum chemicals and products market is weak in transactions. due to the demand for funds, many suppliers have a strong willingness to sell, but the downstream users are not active in purchasing, mostly on-demand purchase.

Prices of molybdenum products on Aug. 22, 2019

Picture of sodium molybdate

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