Yesterday, domestic molybdenum concentrate market remains depressing, and the market transaction volume was low with most transaction prices hovering at low levels. The current domestic Molybdenum Concentrate Price is 1950-2000yuan / mt, but the transaction price has reached 1900 yuan / mt, while molybdenum concentrate price exclusive tax in some areas is 1650yuan / mt, with few transactions.

At present, there are a lot of traders who want to buy concentrate, but nobody dare purchase immediately. Most of them are waiting and seeing when the after-market is not clear, so market participants are cautious in procurement.