Domestic molybdenum market is going stable at present. Molybdenum purchasers were gradually increasing last weekend. Domestic molybdenum price is 2250-2300yuan RMB/mt at present with some transaction. Price exclusive tax in Luanchuan county is 2000-2020yuan RMB/mt, and the enquiries has increased.

  Domestic molybdenum concentrate market enquiries gradually increased from last Friday, and enterprises which planed to purchase began to increase. A trader in Luanchuan county said, the price 2250yuan RMB/mt for molybdenum concentrate began to be accepted by people, and enterprises began to purchase, because they think the price already grounded. Enquiries also increased, and it’s not probable to drop further. Molybdenum concentrate price exclusive tax there is 2000-2020yuan RMB/mt, with a few transactions last weekend. Mineral enterprises in Shanxi province, Hebei province and Fujian province are not in a hurry to sell goods, because they don’t want to conclude a deal at low price, but their confidence is strengthened.