Weekly report of molybdenum alloy market(01.11-01.15)

  • Friday, January 15, 2021
  • Source:ferro-alloys.com

  • Keywords:molybdenum,ferromolybdenum,molybdenum concentrate,molybdenum oxide
[Fellow]The molybdenum market runs weakly;

[Ferro-Alloys.com]

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

Specification 

Mon

Tue

Wed

Thu

Fri

Up and Down

FeMo60#

10.3-10.5

10.3-10.5

10.3-10.5

10.3-10.5

10.3-10.5

-

                                        unit:1,000 yuan/ton

Specification 

Mon

Tue

Wed

Thu

Fri

Up and Down

molybdenum concentrate

1520-1540

1520-1540

1520-1540

1540-1560

1560-1580

molybdenum oxide

1500-1600

1600-1620

1620-1640

1620-1640

1620-1640

In this week, the molybdenum market runs weakly. As of Friday, the domestic price of ferromolybdenum60# is 103,000-105,000 yuan/ ton; the price of molybdenum concentrate 40%-45% is about 1,560-1,580 yuan/ton; the mainstream price of molybdenum oxide is 1,620-1,640 yuan/ton. The bidding of ferromolybdenum in steel plant has decreased compared with the previous period, and the market activity is low. At present, the domestic mainstream quotation of ferromolybdenum is 103,000-105,000 yuan / ton, and the actual transaction price is about 102,000 yuan / ton. The mainstream quotation of domestic molybdenum concentrate is about 1550 yuan / ton, the quotation of northern molybdenum mine has been increased, and the order is less than the previous period. The mainstream price of molybdenum oxide is 1,620-1,640 yuan / ton, and the international molybdenum oxide falls back to about $10.15/ pound molybdenum. The fall in the international price of molybdenum has led to a marked lack of confidence among domestic market participants. Manufacturers are expected to release a new wave of market demand before the Spring Festival.

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

  • [Editor:wenxin]

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