Molybdenum News Center

Molybdenum prices continued to fall, molybdenum prices fell below 10 U.S. dollars / pounds, has been below the cost line of domestic small and medium-molybdenum mine in Henan province. Molybdenum-quarter profit from a single domestic molybdenum mine gold shares, the molybdenum price has reached its cost line. This year the European molybdenum oxide spot prices continued to rise, we believe that the subsequent transfer to the domestic part is a high probability event. 

 

Information from the rivers, the domestic molybdenum concentrate, molybdenum, iron prices are not as strong abroad. 45% of the price of molybdenum with 11.00 percent decline from a year ago, a decrease of 2.48% since the beginning. Molybdenum prices also fell. Domestic use slightly different molybdenum, molybdenum mostly use foreign steel, molybdenum and iron are mostly domestic. Foreign environmental requirements, molybdenum roasting capacity can not be fully released. One reason for this is the domestic price differences. 

 

In addition, two state-controlled export of rare metals, molybdenum export quotas in 2014 fell as much as 72%, usually annual export quota of two batches, the first batch of the year accounted for the proportion of about 60%.

More molybdenum product: http://www.molybdenum.com.cn
Tel: 0592-5129696 Fax：0592-5129797
E-mail:  This email address is being protected from spambots. You need JavaScript enabled to view it.
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Tungsten News & Tungsten Price: http://www.chinatungsten.com