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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