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Molybdenum Oxide Price - Sep. 25, 2018

The latest prices of molybdenum oxide, molybdenum powder and ammonium tetramolybdate are unchanged in the first trading day after the Mid-Autumn Festival. In China, market inquiry is quiet and trading is thin. Sellers keep firm offers that hover around prices of large mines. Ferro molybdenum and solid tungsten carbide rods molybdenum chemical Zgcc Cemented Carbide and product markets are in a stalemate.

Shandong Shouguang Juneng Special Steel and Hengyang Valin Steel Tube issued buy tender for 20mt and 30mt of ferromoly at RMB 129,000/t and RMB 129,000/t, respectively; Sgis Songshan and Nanjing Iron & Steel Group sought for 55m and 330mt of ferromoly at RMB 132,880/t and RMB 129,400/t, respectively.

Prices of molybdenum products on Sep. 25, 2018

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Rare Earth and Molybdenum Concentrate Market Analysis 2

After analyzed cobalt market quotation and there will more specific introduce magnesium, antimony and molybdenum concentrate market quotation.It is reported that many cemented carbide antimony ingot big company basically completed the sales target and there are little tend to shipment. And some small and medium-sized enterprises have collected the payment and basically deal with bank loan pressure. So the cash flow has guarantee and there is not possible throwing the goods at low price. What’s more, after state Federal Reserve increases the interest rates, RMB continues undervaluation which to some extent stimulates the export of antimony ingot series product. Oversea market the trade price of antimony ingot was up to 5,200.00 $/ton. In raw material, China import ore traders suppress by oversea ore traders can not decrease the quote price. But employ the way of mineral species combination which improves the gold and silver content of the antimony ore and it split the cost. Besides, many traders hold wait Tungsten Carbide Tubes and see attitude. In China domestic self producing ore, due to production cost is quite high and the quote price maintain at about 21,000.00 RMB/ton so there is stalemate between seller and buyer. Supported by raw material price and RMB undervaluation is also good for export, but China domestic market and some smelting processing factories purchase the raw material by on-demand so the market quotation is not well. In the circumstance which the price of many various non-ferrous metals are falling and in the end of year wait and see atmosphere is still strong.Magnesium market, the quote price of magnesium has small range decrease, due to demand decrease, industry overcapacity, de-stocking and money return pressure at the end of year drag on magnesium market price. Although, RMB undervaluation is good for export but in the recent year magnesium export no tax operation shock regular export companies result in the price is suppressed by foreign merchant so the benefit of export shrink.Molybdenum concentrate market is still flat and molybdenum concentrate is restricted by market demand so the quoted price after little falling and going flat.Looking market outlook, the rare earth metal and molybdenum concentrate market influenced by downstream demand and oversea market demand, rare earth metal market continues to falling. And the market price of cobalt, magnesium, antimony and molybdenum concentrate will continue to falling in the short term, but still has some possible has small range concussion for price go up.

Molybdenum Powder Price - October 12, 2020

Molybdenum market quotation in China: the ammonium molybdate, ammonium heptamolvbdate and molybdenum powder prices maintain stability when insiders have high enthusiasm in trading and also have good expectation for the market outlook.

In the molybdenum concentrate market, the fundamentals are relatively stable. Although downstream users are more enthusiasm for purchasing after the holiday, the price of molybdenum concentrate has not changed significantly due to the unabated production capacity of molybdenum mining companies, which is about RMB 1,400.00/ton.

The ferromolybdenum market is improving. Under the situation tungsten carbide bars that the price of molybdenum raw materials is strong, the considerable volume and price of steel companies bidding is the main reason for the revival of the confidence of the holders, and the transaction price of the bulk market has risen slightly.

In the molybdenum chemical industry and its products market, the overall trading enthusiasm still has a large room for improvement, and end customers basically maintain rigid demand. However, in the case of stronger upstream and international markets, holders basically maintain firm quotations.

In the news: The China Association of Small and Medium Enterprises issued data showing that China's SME Development Index was 86.8 in the third quarter, which was 1.3 points higher than in the second quarter, and rebounded for two consecutive quarters.

Prices of molybdenum products cemented carbide blade on October 12, 2020

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