It is learned that ferromolybdenum market enquiry and transaction was rare last weekend, and the mainstream quotation price of ferromolybdenum market is 148000-151000yuan RMB/ton.

  A ferromolybdenum producer said that there is no change in the market last weekend, and the quotation price is 150000yuan RMB/ton at present. As a trader in the area said, there is only hundreds of kilograms transaction, and he has some high price storage of early days. A ferromolybdenum producer in Henan province said that there was several enquiries last weekend, but there is no transaction concluded. In Liaoning province, buyers and enquiries are rare. At present, international molybdenum market generally goes stable, and mainstream price of molybdenum oxide is 17US dollars/pound.