[Ferro-Alloys.com] 

Molybdenum market newsletter：            unit:10,000 yuan/ton

                                                                       unit:1,000 yuan/ton

The domestic molybdenum alloy market ran smoothly this week, but international molybdenum prices fell again, and international molybdenum oxide prices continued to fall to $8.95-9.2/ pound molybdenum. As of Friday, the domestic price of ferromolybdenum 60# is 96,000-97,000 yuan/ ton; the price of molybdenum concentrate 40%-45% is about 1,430-1,450 yuan/ton; the mainstream price of molybdenum oxide is 1,500-1,520 yuan/ton. Recently, due to the rise in the cost of raw materials, the price of ferromolybdenum has been raised, the mainstream price is 96,000-99,000 yuan / ton, but higher prices don't work, the transaction price is more than 96,000-97,000 yuan / ton. Recently, the domestic steel factory bidding situation is stable, the mine shipment volume is also considerable, among them, CITIC Pacific ferromolybdenum purchase price is 96,200-97,000 yuan / ton, purchase quantity is nearly 1000 tons. The purchase price of ferromolybdenum is 96,000 yuan / ton (semi-cash acceptance) and the purchase quantity is 60 tons. Luanchuan a molybdenum mine sold 47% molybdenum concentrate 360 tons, the transaction price is cash 1445-1455 yuan / ton; Jilin a molybdenum mine sold more than 50% molybdenum concentrate 400 tons, the transaction price is cash 1470 yuan / ton. Steel plant bidding trends and mine shipments still need to pay close attention to.

For more ferroalloys market information, please click http://www.ferro-alloys.cn/ .

• [Editor:wenxin]