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: