At present, domestic mainstream market quotation price is between 148000-151000 yuan RMB/mt, bulk cargo enquiry witness a thin market, and market participants are waiting and seeing.

  As some ferromolybdenum manufacturers in major ferromolybdenum producing areas said, the quotation price is kept at 150000yuan RMB/mt, with few transactions. Besides, some enterprise said, the transaction price is basically kept at 148000yuan RMB/mt, but transaction volume is small, while manufacturers don’t want to sell below the price. As some traders said in Hebei and Henan provinces said, the transaction is rare at present, and the price is low, most of which is 146000yuan RMB/mt.

  European molybdenum oxide go up staying, with transaction price at 168000-172000US dollars/pound, while transaction volume is small.