BEIJING (Asian Metal) 13 Feb 23 – Though producers kept rising their prices according to the soaring raw material prices during the past week, few consumers really followed up and the market sees little inquiries for the moment. Currently, the mainstream dealing prices of Chinese ammonium heptamolybdate 54%min stand at RMB348,000-350,000/t (USD51.3-51.6/kg) EXW D/A 180 days, up by RMB3,000/t (USD0.4/kg) from middle last week. Considering that most buyers prefer to watch the market and inquiries in spot market keep rare, insiders believe that the mainstream prices of Chinese ammonium heptamolybdate 54%min would stay in a stalemate in the coming week.
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