Domestic Molybdenum Market tend to be weak generally, and its price gradually went down, with few transactions. At present, domestic molybdenum concentrates quoted 2280-2300yuan/mt, while the transaction price is about 2250yuan RMB/ mt , with people waiting and seeing. Luanchuan area molybdenum concentrates price exclusive tax is about 2000yuan RMB, with few transactions.

   There were few molybdenum concentrates transactions yesterday, and the price kept going down. Some client wanted to sell at 2250yuan RMB/ mt, while there were few purchasers. Some purchaser in the area said, it’s not a good opportunity to buy goods, because there is still possibility for the price to go down.