According to Chinatungsten Online, the average price of molybdenum products in China in January-July 2023 showed a sizable performance as a whole, i.e., rose year-on-year.
From January to July 2023, the average price of molybdenum concentrate in China was RMB 4,068 per tonne degree, up about 53.92% year-on-year; the average price of ferromolybdenum was RMB 273,000 per tonne, up about 56.13% year-on-year; the average price of molybdenum oxide was RMB 4,165 per tonne degree, up about 51.73% year-on-year; the average price of sodium molybdate was RMB 184,540 per tonne, up about 50.41% year-on-year; the average price of tetramolybdic acid was RMB 264,842 Yuan/ton, up 55.36% year-on-year; average price of ammonium heptamolybdate RMB268,964/ton, up 53.39% year-on-year; average price of molybdenum powder RMB515/kg, up 54.19% year-on-year; average price of molybdenum bars RMB543/kg, up 55.14% year-on-year.
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