According to Chinatungsten Online, the average price of molybdenum products in China in June 2023 performed well overall, i.e., both ringgit and year-on-year were up.
In June 2023, the average price of molybdenum concentrate in China was RMB 3,819 per tonne, up about 9.93% YoY and 41.18% YoY; the average price of ferromolybdenum was RMB 251,143 per tonne, up about 5.46% YoY and 41.66% YoY; the average price of molybdenum oxide was RMB 3,913 per tonne, up about 9.73% YoY and 39.01% YoY; the average price of sodium molybdate was RMB 172.857 per tonne, up about 9.67% YoY and 36.26% YoY. The average price of sodium molybdate was RMB 172,857/ton, up 9.67% YoY and 36.26% YoY; the average price of ammonium tetramolybdate was RMB 247,238/ton, up 8.12% YoY and 43.62% YoY; the average price of ammonium heptamolybdate was RMB 250,810/ton, up 7.49% YoY and 39.52% YoY; the average price of molybdenum powder was RMB 481/kg, up 5.25% YoY and 38.62% YoY. 38.62%; the average price of molybdenum bars 510 yuan / kg, about 4.72% ringgit, up about 42.06% year-on-year.
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