Molybdenum Market Analysis 4-14: Imported molybdenum oxide continues to be traded Enterprises choose the opportunity to just replenish the goods
The price of 45-50% molybdenum concentrate is quoted at RMB 2,680-2,710/tonne, and 50-55% molybdenum concentrate is quoted at RMB 2,710-2,740/tonne, with a price reduction of RMB 40/tonne compared to yesterday; ferromolybdenum is quoted at RMB 182,000-185,000/tonne, with a price reduction of RMB 0.1-0.5 million/tonne compared to yesterday. Molybdenum concentrate market just need to replenish】 Recently, the molybdenum concentrate market has producers to choose the opportunity just need to replenish, but the transaction price range is large. In the mine, there are high copper molybdenum concentrate sold at 2510 yuan/tonne, 40-45% grade molybdenum concentrate sold at 2690 yuan/tonne and 50-55% grade molybdenum concentrate sold at 2710 yuan/tonne. In the bulk market, molybdenum concentrate bargaining and transaction prices were in the range of RMB2,600-2,650/tonne. On the one hand, the downstream demand has gradually improved, overlapping with the high level of the holder is set, ultra-low price replenishment is more difficult. On the other hand, the domestic raw materials stage surplus, overlapping with the opening of the import window, the market is still weak sentiment. The bidding volume continues to increase, and the opening price is slightly down】 As of today, the total amount of mainstream steel mills bidding for ferromolybdenum is about...
2023-04-25
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