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Ferromoly Remains at Low Price
   Hits:   UpdateTime:2015-4-21 14:11:05
Keyword:mo, ferro moly price
Elan Website Press:

The Chinese ferromoly price is about 78000-80000 RMB/mt after rounds of tenders from steel mills. Bulk cargoes has little inquiries heared.

 

Several producers at Liaoning says the offering is about 77000-79000 RMB/mt, and a 5 mt deal is concluded yesterday at 79500 RMB/mt. Another producer source says that there are little stock at the moment, and he is going to hold offers, then.

 

According to comelan estimate, from April 13 to 17, ferromoly trading reports are as follows:

 

Area

Tender (mt)

PriceRMB/mt

Note

Tianjin

200

75500

Accepted

Jiangsu

100

75800

Half accepted3 months

Qinghai

80

78000

Accepted

Hunan

80

77500

Accepted

Zhejiang

50

76000

Accepted

Total 510 mt, incomplete statistics!

 

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