Price of Molybdenum Products in China in September 2023

According to Chinatungsten Online, in September 2023, the overall price of molybdenum products in China showed a pattern of first stabilizing and then falling sharply, and the actual transactions were average. Specifically, in mid-to-early September, affected by the sharp rise in molybdenum prices in August, downstream users were less enthusiastic about making inquiries and purchasing. However, supported by the small spot inventory in the market and high production costs, suppliers were willing to make price concessions. In mid-to-late September, due to the lower than expected steel bidding price and the continuous decline in international molybdenum prices, many holders were slightly less confident in stabilizing prices and traded price for volume.

In September 2023, the average price of molybdenum concentrate in China was 4,273 yuan/ton, a decrease of approximately 1.00% month-on-month and an increase of approximately 51.26% year-on-year; the average price of ferromolybdenum was 279,550 yuan/ton, a decrease of approximately 0.95% month-on-month and an increase of approximately 48.55% year-on-year; The average price of molybdenum oxide is 4,379 yuan/ton, down about 0.45% month-on-month, and up 49.71% year-on-year; the average price of sodium molybdate is 186,850 yuan/ton, down about 0.47% month-on-month, and up 41.35% year-on-year; the average price of ammonium tetramolybdate is 267,850 yuan/ton. Yuan/ton, up approximately 0.24% month-on-month, and approximately 49.84% year-on-year; the average price of ammonium heptamolybdate is 271,700 yuan/ton, approximately 0.33% month-on-month decrease, and approximately 47.05% year-on-year increase; the average price of molybdenum powder is 518 yuan/kg, approximately month-on-month The price increased by 0.58%, up approximately 53.25% year-on-year; the average price of molybdenum bars was 547 yuan/kg, up approximately 0.18% month-on-month, and approximately 57.18% year-on-year.

Average price list of molybdenum products in China in September 2023

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