Molybdenum Market Report Jun 2012
2012-07-11 09:32:39 【Print】
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European molybdenum market kept downtrend in June, with prices down further by USD1.2/kg Mo for ferromolybdenum 65% and USD0.5/lb for molyoxide after they went down by USD2.00/kg Mo and USD0.5/lb respectively in May. And domestic market also saw lower prices, with mainstream prices of molybdenum concentrate down below RMB1,700/mtu (USD12.24/lb) and ferromolybdenum price down by RMB7,000/t (USD1.85/kg Mo) to RMB110,000/t (USD29.10/kg Mo).