[Ferro-Alloys.com] 

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

                                                                                                                              unit:1,000 yuan/ton

Molybdenum alloy prices rose slightly this week from last week,as of Friday, the domestic price of ferromolybdenum 60# is 99,000-101,000 yuan/ ton; the price of molybdenum concentrate 40%-45% is about 1,450-1,470 yuan/ton; the mainstream price of molybdenum oxide is 1,500-1,600 yuan/ton. It is reported that so far in December sample steel enterprises bidding ferromolybdenum total has exceeded 10,000 tons. This week Luanchuan molybdenum ore mountain molybdenum concentrate price is about 1500 yuan / ton, the sale situation is considerable. Domestic ferromolybdenum quotation is between 99,000-101,000 yuan / ton, molybdenum oxide mainstream price is about 1550 yuan / ton. The overall upward trend in molybdenum is strong, The following steel factory bidding price situation is still the focus of the market.

• [Editor:wenxin]