Metalnewsnet 1 Apr:

Last night outside plate prices introduced, Europe and U.S. molybdenum market prices were rising. European market price was 42.5-44 USD / kg, increased 1.5 USD / kg; U.S. market price was 20.5-21 dollars / kg, an increase of 0.5-0.25 USD / kg. Those lead to domestic molybdenum iron prices increases to 155000 Yuan / ton (including tax). Although the domestic price will follow the outside plate prices, the domestic prices limited to rise by due to molybdenum demand.

Europe molybdenum oxide prices rose slightly. Europe Molybdenum oxide prices offered at 17.25-17.75 U.S. dollars /pound, relatively increased 0.25 U.S. dollars / pound. U.S. market offered at 17.25-17.5 dollars / pounds, with temporarily stable.