Average price of molybdenum products in China in July 2023

According to Chinatungsten Online, the average price of molybdenum products in China in July 2023 performed well overall, i.e., rose both sequentially and year-on-year.

In July 2023, the average price of molybdenum concentrate in China was RMB 3,940 per ton-degree, up by about 3.17% q-o-q and 49.41% y-o-y; the average price of ferromolybdenum was RMB 257,095 per ton-degree, up by about 2.37% q-o-q and 48.94% y-o-y; the average price of molybdenum oxide was RMB 4,038 per ton-degree, up by about 3.19% q-o-q and 47.48% y-o-y; and the average price of sodium molybdate was 174,238 Yuan/tonne, up about 0.80% q-o-q and 39.18% y-o-y; average price of ammonium tetramolybdate 250,286 Yuan/tonne, up about 1.23% q-o-q and 45.56% y-o-y; average price of ammonium heptamolybdate 253,143 Yuan/tonne, up about 0.93% q-o-q and 42.41% y-o-y; average price of molybdenum powder 486 Yuan/kg, up about 1.04% q-o-q and 41.28%; molybdenum bar average price of 514 yuan/kg, up about 0.78% q-o-q, up about 44.38% y-o-y.

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