China Commodity Marketplace
The domestic molybdenum concentrate market remains stable, with steady prices and tightening spot supply. At present, molybdenum concentrates at standard grade are being quoted between RMB 1,990~2,000/MTU, and that for high grade concentrates at RMB 2,020~2,080/MTU.
The domestic FeMo market remains flat with limited transaction and stable prices. Market participants remain watchful , awaiting guide procurement prices to be published by steel mills. At present, mainstream quotations stand between RMB 136,000~138,000/standard tonne.