Molybdenum Iron Market Is Hard to Step Up Without Sufficient Support

At present, the price of 40-45% molybdenum concentrate is in 1330-1350 yuan/ton in domestic, molybdenum iron's quotation is in 94000-98000 yuan/ton, and spot price remains at 93000-94000 yuan/ton, over 60% molybdenum oxide's price is at 1410-1430 yuan/ton. In the side of molybdenum oxide, mainstream price in liaoning, shaanxi, henan, is in 1410-1430 yuan/tons.

The price of molybdenum in domestic is running smoothly. downstream demand is not so good , and manufactuers want to be in a state of wait-and-see, the volume is not very optimistic, molybdenum iron price will not rise again in short term.

 

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