As the Demand for Molybdenum Concentrate Has Reduced, the Price of It Would Be Low
- Details
- Category: Molybdenum's News
- Published on 21 August 2014
- Written by jwy
- Hits: 273
At present, the price of 40-45% molybdenum concentrate bid is in 1330-1350 yuan/ton in domestic, and molybdenum iron is in 94000-98000 yuan/ton, and spot price remains at 93000-94000 yuan/ton, and the quotation of over 60% molybdenum oxide is in 1410-1430 yuan/ton.
In the side of molybdenum oxide, it is reported that the mainstream prices in Liaoning, Henan, Shanxi are in 1410-1430 yuan/ton. With low trading volume, the price of molybdenum concentrate remains stable, the middlemen strictly control purchased quantity. On the one hand, for their own benefit expansion, on the other hand, they pay more attention to potential risk. Later, all prices rebound is lack of effective demand.
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