Molybdenum Concentrate Price - Mar. 23, 2018

The floor level of transaction prices in the molybdenum concentrate market has become lowered in recent days. 40% molybdenum concentrate was concluded at RMB 1,620-1,650/t in the market while a small amount of deals at RMB 1,690/t in mines. Mines quote at RMB 1,690/t, but has not any transactions. Though downstream enterprises have lowered its expectation price apparently, traders would not replenish at that time. High-price transactions are hardly to be making this week.

Prices of molybdenum products on Mar. 23, 2018

Picture of molybdenum concentrate

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