Recently, domestic molybdenum concentrate market transactions are rarely concluded, because most purchasers can’t accept the price given by mine owners or traders, so they can only wait and see. While some domestic mining enterprises are not going to ship at low price. The offer for molybdenum concentrate now is 1950-2000yuan /mt, and most market transaction price remained low. Some molybdenum concentrate price has fallen to 1900yuan / mt in Luanchuan area, and molybdenum concentrate price exclusive tax is 1,700yuan/mt, almost no turnover.
It is learned that molybdenum concentrate transaction volume is limited in main producing areas of domestic molybdenum concentrate last weekend. According to a mining enterprise in Hebei provinces, there was no shipments within last two days, and there inventory is very small. Currently, their offer is 1,950yuan / mt and they have no intention to cut the price. While inquiry reduced last weekend, most participants are watching the market. According to a mining enterprises in Jilin city, they tend to ship out this week, but prices are not set yet. In their opinion, molybdenum concentrate transactions is hard to conclude at 1950yuan /mt, so they tend to sell below this price. |