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Molybdenum raw material production base, the main products are: ammonium tetramolybdate, ammonium dimolybdate, ammonium heptamolybdate, high purity molybdenum oxide, sodium molybdate
Ammonium molybdate: no amount of rebound waiting for the transaction
Release time:
2024-06-27
Recently, there has been a remarkable phenomenon in the market: the prices of molybdenum concentrate and ferromolybdenum have both jumped significantly. This sudden change has undoubtedly brought no small impact to the already highly competitive ammonium molybdate market. Due to the rising cost of raw materials, the producers of ammonium molybdate are facing huge cost pressure, which makes their quotations have to passively follow the market trend.
However, it is worth noting that although the quotation of ammonium molybdate has risen, the actual volume price has not been able to keep up with this trend for the time being. This may be due to market participants' wait-and-see attitude towards future price movements, or due to weak downstream demand. However, judging from the current market situation, this stalemate may continue for some time.
Specifically, the current reference price of ammonium tetramolybdate has stood at a high level of 140000/ton. This price level not only breaks the record in recent years, but also reflects the current tension in the ammonium molybdate market. The reference price of ammonium dimolybdate is even more staggering, which has broken through the 142000/ton mark, showing a strong upward trend in its price. However, despite the high price, there is still a lack of representative transaction cases in the market, which further aggravates the uncertainty of the market.
In the face of this situation, participants in the ammonium molybdate market need to remain vigilant and pay close attention to market dynamics and price trends. At the same time, they also need to actively respond to the challenges brought by rising raw material costs, and reduce costs and improve competitiveness by optimizing production processes and improving product quality. Only in this way can we remain invincible in the fierce market competition.
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