Metalnewsnet 19 Apr :

This week, the domestic molybdenum market as a whole remained stable. Market inquiries and transactions were poor. Lack of market demand leading to the market stays in a watching atmosphere. This week, disk prices increased little with poor market transactions.

 [Ferro-molybdenum alloy]：

Ferro Molybdenum market this week remained steady, inquiries and transactions were down. Domestic market mainstream quotations were 153000-155000 Yuan / ton (including tax); the mainstream transaction prices were 152000-153000 Yuan / ton, but due to the falling market demand, many manufacturers ship at 150000-151000 Yuan / ton. Currently, European molybdenum iron market mainstream price was 43.2-45 USD / kg; U.S. market mainstream prices were 21.5-22 U.S. dollars / kg.

 [Molybdenum concentrate]：

This week, molybdenum concentrate market price has inched up slightly with poor inquiries and transactions. Now most manufacturers were watching the market. Molybdenum concentrate mainstream offered at 2320-2350 Yuan / ton degree (including tax); transaction price was 2320-2330 Yuan / ton degree.

 [Molybdenum oxide]:

This week, molybdenum oxide outside disk prices temporarily stability with light transaction. Europe Molybdenum market offered at 17.75-18.25 U.S. dollars / pound; U.S market price was 17.75-18.25 USD/ pound. Domestic molybdenum market was stable with few market transactions. 51% market mainstream quotations were 2450-2470 Yuan / ton degree (including tax); 60% mainstream offer was 2400-2450 Yuan / ton degree.