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[Ferro-Alloys.com]

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

                                                                         unit:1,000 yuan/ton

In this week, the molybdenum alloy prices keep rinsing. As of Friday, the domestic price of ferromolybdenum60# is 103,000-105,000 yuan/ ton; the price of molybdenum concentrate 40%-45% is about 1,520-1,540 yuan/ton; the mainstream price of molybdenum oxide is 1,500-1,600 yuan/ton. International molybdenum oxide prices rose to $10.05-10.15 a pound of molybdenum on Wednesday, while European molybdenum prices rose to $24.5-24.8 a kilogram of molybdenum.The rise of international molybdenum price has brought a positive attitude to the domestic market, and the domestic market is more active.At present, the domestic mainstream price of ferromolybdenum is 103,000-105,000 yuan / ton, up 4,000 yuan / ton from the beginning of the week.Molybdenum concentrate prices rose slightly this week, the current mainstream molybdenum concentrate quote in 1520-1550 yuan / ton. It is reported that this week the northern molybdenum ore mountain molybdenum concentrate volume has exceeded 1,600 tons,on Monday, a mine in Inner Mongolia molybdenum concentrate 45-50% of the transaction price of 1,520 yuan / ton cash, the transaction volume of 860 tons.In the near future, the molybdenum ore mountain shipment and steel plant bidding quantity are still the focus of close attention in the market, market participants have good confidence in the molybdenum alloy market.

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• [Editor:wenxin]