[Ferro-Alloys.com] 

Molybdenum market newsletter：             unit:10,000 yuan/ton

                                                                       unit:1,000 yuan/ton

The molybdenum alloy market is still stable operation in this week, there is no significant price fluctuations.As of Friday, the domestic price of ferromolybdenum 60# is 96,000-97,000 yuan/ ton; the price of molybdenum concentrate 40%-45% is about 1,430-1,450 yuan/ton; the mainstream price of molybdenum oxide is 1,500-1,520 yuan/ton. The volume of molybdenum alloys fell this week compared with last week, with ferromolybdenum priced between $23.2-23.35/ kg and molybdenum oxide between $9.1-9.45/ pound, both up slightly from last week. At present, domestic ferromolybdenum quotation is between 99,000-100,000 yuan / ton, but the mainstream transaction price is between 96,000-98,000 yuan / ton.It is reported that Yichun's latest round of molybdenum concentrate price is about 1470 yuan / ton, but the mainstream molybdenum concentrate prices between 1450-1460 yuan / ton. Affected by the cost of molybdenum iron raw materials and the upcoming tender for a new steel plant in late December, it is expected that the molybdenum alloy market will be Steadily up in the near future.

For more ferroalloys market information, please click http://www.ferro-alloys.cn/ .

• [Editor:wenxin]