China Commodity Marketplace

The domestic molybdenum market has seen few transactions recently, but some traders have reduced their quotations in a bid to make rapid sales and recoup cash before the Chinese New Year holiday. At present, molybdenum concentrates at standard grade are quoted at RMB 1,640~1,650/MTU and mainstream high-grade concentrates are quoted at RMB 1,650~1,680/MTU.

Domestic FeMO prices slid, with quotations presently standing at RMB 109,000~113,000/standard t.

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