Transactions of domestic molybdenum concentrate market is not much, and the transaction price dropped again. The current domestic molybdenum concentrate price is 2100-2150yuan RMB /mt. The majority market transaction price remained at low levels, with part of molybdenum concentrate transaction price at 1720yuan / mt. In Luanchuan county, price exclusive tax is 1900yuan / mt with a small amount transactions.
There are not many enterprises purchasing raw materials, and most are watching the market. Molybdenum concentrate price exclusive tax is 2000yuan RMB/mt, with a small amount of transactions. According to a mining enterprise in the region, they intended to ship out 20 tons of molybdenum concentrate at 1720yuan/mt, 40% grade, last weekend,but there were no transactions, because enterprises which intend to purchase think the price is unacceptable. A mining enterprise in Jilin city planned to ship out 20 tons of molybdenum concentrate, the price is not set for the time being, because they want to watch today's market conditions before determining the shipping price. A domestic trader said, international molybdenum oxide price is probable to drop, and it’s hard to tell when it will get the bottom |