25 October 2024 Molybdenum Price List
Release time:
2024-10-28
This week, the overall market of the domestic molybdenum market is weak, mainly reflected in the mainstream molybdenum product prices to varying degrees of decline, traders wait-and-see sentiment increased and order growth slowed down compared to the previous period. From the perspective of positive factors, first, many suppliers currently have more orders in hand and are not in a hurry to ship; second, there are still many downstream users willing to enter the market to inquire for purchases; third, the production cost support is strong. From the negative factors, one is affected by the decline in steel prices, steel companies bid lower for ferromolybdenum; second, the current price of molybdenum products is not low and liquidity is limited, so downstream users basically maintain rational consumption; third, the recent decline in international molybdenum prices is not conducive to the warming of the domestic molybdenum market. According to the statistics of China Tungsten Intelligence, the current price of molybdenum concentrate is about 60 yuan/ton lower than last week, a decrease of 1.57 percent; the price of molybdenum iron is about 3,000 yuan/ton lower than last week, a decrease of 1.22 percent; the price of molybdenum oxide is about 40 yuan/ton lower than last week, a decrease of 1.03 percent; the prices of sodium molybdenum, ammonium heptamolybdate and molybdenum powder are flat from last week. It can be seen that the decline in the price of molybdenum raw materials this week is larger than that of molybdenum chemical products. This is mainly due to the increase in the price of molybdenum raw materials in the previous period than that of molybdenum chemical products.
Previous Page:
Address: China (Henan) Pilot Free Trade Zone Luoyang Area (High tech) Dongmagou Industrial Park No.1 Courtyard 1-9 Zone
E-mail:monfils.chen@mtwkj.com
Enterprise Station:http://www.mtwkj.com
Product Station:http://www.mtwxcl.com