Molybdenum Price Dropped again

Domestic molybdenum concentrate market remains depressing, and the market transaction volume was low with most transaction prices hovering at low levels. The current domestic Molybdenum Concentrate Price is 1950-2000yuan / mt, but the transaction price has reached 1900 yuan / mt, while molybdenum concentrate price exclusive tax in some areas is 1650yuan / mt, with few transactions.

At present, there are a lot of traders who want to buy concentrate, but nobody dare purchase immediately. Most of them are waiting and seeing when the after-market is not clear, so market participants are cautious in procurement.

 

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