Recently, the mainstream domestic market quotations for Mo-Fe is 132000-135000yuan,  with weak market inquiries and transactions, so the price continue going down.
  

 International molybdenum market prices continued going down, too. Molybdenum oxide mainstream transaction price is13.5 USD / pound. According to the European market participants, market inquiry volume increased slightly, but the actual transactions don’t increase much. According to the current market conditions, molybdenum price is probable to fall below 13 U.S. dollars / pound. Another trader said, there are already some traders quoted at 13 U.S. dollars / pounds.
      In sum, domestic ferromolybdenum is difficult to stabilize from decline in short-term.