Metalnewsnet 10 Mar:

Today, molybdenum oxide Mainstream quotes in 2450-2600 Yuan / ton degree. Henan, Shaanxi, Liaoning and other places offer relatively low, and maintained at 2450-2550 Yuan / ton degree; Sichuan, Hunan, Hubei and other places offer slightly maintained at 2500-2600 Yuan / ton degree.

 According to one manufacturer in Henan Province said, molybdenum prices remained stable, but the inquiry and purchases were still relatively small, the market is still depressed.

 From the market, due to molybdenum iron prices dropped significantly, most manufactures believe that molybdenum oxide may difficult to support the current price.