At present, domestic molybdenum market drooped and molybdenum concentrate transaction price continues going down, but the transaction volume is not so good with price at 2250-2300yuan RMB/mt. The price exclusive tax is 2000yuan RMB/mt in Luanchuan county with a few transaction.
Because international molybdenum market price dropped, and domestic molybdenum market demand keeps weak and soft, domestic molybdenum concentrate market is thin. A trader in Luanchuan county said, the mainstream transaction price is 2250yuan RMB/mt, but the transaction volume is small, and the suppliers and buyers are in a standstill. Most mineral enterprises quotation prices are firm. |