With A major mineral producer offered , Moly concentrate market remained stable . the tender from Steel makers was gradually increased, the price of ferromoly was still low, moly chemical and deep processing market was relatively quiet.

　　Moly concentrate market remained stable

　　Moly concentrate market remained stable this week . The concluded price was about RMB1920-1950 /mtu for 1000t of 50-55% moly concentrate from a major mineral moly producer in Heilongjiang this week. The deals was made at RMB1920 in cash payment and Deals were made in Jiangxi ,henan zhejiang fujian and jiangxi.. Most buyers would rather watch on the market with few deals being concluded.

　　Downstream market pressure of molybdenum remains

　　According to our incomplete statistics , by September 18, the tenders quantity in september from domestic major steel makers was 3500 t for ferromoly in all .The price of ferromoly is lower than the mainstream manufacturer. The intention price from steel producers was RMB131,000-133,000/t .

　　Moly concentrate market remains stable. affected by environmental protection , moly chemical market is still not completely resolved. Therefore, the domestic moly chemical and moly products market maintained stable , the sales pressure is relatively small, and the quotation is maintained stable. The price of ammonium moly was RMB 130,000-132.000/t. Because the market is not much, domestic moly chemical and molybdenum products trade performance good ,

　　Although the demand was not satisfied , the molybdenum market was still relatively obvious, the moly material price remained steady .